Maritime shipping along key oil supply routes is once again under threat: Iranian authorities have set strict political conditions for the resumption of commercial shipping and the opening of the Strait of Hormuz, Mjengo Hub reports. Security officials in Tehran insist that the strategic sea lanes will remain closed until…
President Donald Trump's tariffs took effect Aug. 7, paving the way for a turmoil in global trade and new costs for American businesses and consumers. But they could also generate significant revenue, administration officials say, The Washington Post reports…
A U.S. trade court on May 28 blocked tariffs imposed by President Donald Trump. The court's ruling said the president had exceeded his authority, Reuters reports. The court explained that the U.S. Constitution gives Congress the exclusive power to regulate trade with other countries, and that power…
Ohio-based Brandon Schlichter shares his tips for building a successful business on social media, where he has amassed an army of devoted fans who hang on his every word. His motto is to work smarter, not harder, writes the Daily Mail. Schlichter owns two retail…
According to the Port Orange, Florida Police Department, a man who is in a sex offenders' database was arrested after he offered $100 to parents at a grocery store for their daughter. Click Orlando writes about it. The police said that Helmut Kolb was arrested...
Trader Joe's is a supermarket chain known for its quirky culture and delicious food. Healthy Way has collected 9 secrets that you did not know exactly about these stores. 1. Where did the name Trader Joe's come from? The first store of the chain was founded by Joe ...
US President Donald Trump sees nothing wrong with trade wars, because, in his own words, "they are easy to win." As a result, the US has unleashed trade wars with Europe, China, Canada and Mexico in recent months alone. Basically we are talking about new import duties on steel and aluminum, but not only about them, writes ...
Russia is imposing duties on a number of American goods in response to the US decision to impose duties on foreign supplies of steel and aluminum, the press service of the Russian Ministry of Economic Development said. As the BBC writes with reference to the comments of the department of Maxim Oreshkin, it is noted that the United States refused ...
The administration of President Donald Trump intends to continue implementing the decision to impose a 25% duty on goods from China, with a total value of about $ 50 billion a year, as well as to impose new restrictions on Chinese investment in high-tech industries in the United States. Prior to that, the USA on ...
After two days of negotiations, the United States and China managed to eliminate fundamental differences in the field of bilateral trade and sign a “trade balance” agreement. The joint statement said China agreed to "significantly increase" imports of American goods and services to achieve a balance that was...