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Tensions in U.S.-EU trade relations have escalated sharply after U.S. President Trump unexpectedly threatened to impose a 30% tariff on EU goods. The EU responded swiftly with a tough stance, threatening on Monday to impose additional retaliatory tariffs on tens of billions of dollars’ wort...Read more »
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Local time on the 10th, U.S. President Donald Trump announced that a 35% tariff will be imposed on goods imported from Canada starting August 1st. In response, the Canadian Prime Minister stated that Canada will firmly safeguard its national interests while strengthening global trade to counter t...Read more »
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The Indian government took a significant step last Friday. Despite seeking to reach a trade agreement with the United States in the coming days, it has remained “steadfast in its stance” and threatened to impose retaliatory tariffs on certain U.S. goods. As reported by Bloomberg, New ...Read more »
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As the 90-day suspension period for the U.S. government’s “reciprocal tariffs” set to end on July 9 draws near, the U.S. has intensified pressure on its trading partners. On June 30, U.S. President Trump expressed disappointment with U.S.-Japan trade negotiations, claiming that ...Read more »
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On June 27 local time, French President Emmanuel Macron stated that France cannot accept a tariff agreement that is not equivalent to its own interests. He emphasized that France “must use all means to respond to the U.S. tariff measures” and supports reaching a “rapid and pragm...Read more »
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The resolution of the Iran-Israel conflict will significantly influence international oil prices, primarily through the dissipation of geopolitical risk premiums, the repricing of supply-demand fundamentals, and market reassessment of future risks. Below is a detailed analysis: 1. Short-Term Oil ...Read more »
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an analysis of how the Iran-Israel conflict impacts oil prices, incorporating key geopolitical and market dynamics: 1. Immediate Price Volatility Supply Disruption Fears: Any escalation (e.g., direct strikes, blockades) triggers panic buying. Iran produces ~3.3 million barrels per day (bpd) and...Read more »
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The U.S. Department of Commerce announced in a notice on Thursday that starting from June 23, the Trump administration will impose a 50% import tariff on household appliances containing steel components. The newly added taxable items include common household devices such as washing machines, dish...Read more »
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Voltage: The standard mains voltage in Pakistan is 230 Volts (V). While the nominal standard is 230V, it’s common to encounter fluctuations, and voltages in the range of 220V to 240V are generally acceptable for most modern appliances. Significant deviations outside this range can ...Read more »