Trade

Minister of Economy Launches Electronic Service for Market and Exhibition Organizers

This is Beirut, 07/03 19:00 - Reading : 1 minute(s)

economy trade digital transformation Lebanon

The Minister of Economy and Trade, Amer Bsat, announced in a statement the launch of a new electronic service that allows market and exhibition organizers in Lebanon to submit their license applications online. This initiative is part of the ministry's digital transformation project, aimed at simplifying procedures and enhancing ...

China's Counterattack: Punitive Tariffs in Retaliation to Trump

Christiane Tager, 07/03 11:00 - Reading : 3 minute(s)

China USA Trade

Shortly after taking office, US President Donald Trump imposed a 10% tariff increase on Chinese goods, raising the total duties on imports from China to 20%. Trump criticized China for not doing enough “to curb the flow of fentanyl, a potent opioid, into the US,” as stated by the White House on X. In retaliation, the Chinese government ...

Global Trade War... Trump's Tariffs Upsetting the World

Maurice Matta, 06/03 11:00 - Reading : 7 minute(s)

Donald Trump United States Canada Mexico Tariffs Trade

In his longest-ever speech before Congress, US President Donald Trump addressed several domestic and foreign issues, calling for the beginning of the “America’s Golden Age” and the strengthening of its sovereignty and independence. He emphasized that the United States “will remain free and independent.” As he delivered his speech, Trump ...

Trade Exchange Between Lebanon and the European Union: Decline in Exports and Imports in 2024

Maurice Matta, 27/02 18:00 - Reading : 3 minute(s)

Lebanon European Union Trade Export

Lebanon entered into the Partnership Agreement with the European Union in March 2003. On November 11, 2016, the Partnership Priorities and the Mutual Package between Lebanon and the European Union were approved, aiming to enhance mutual interests and improve economic cooperation. According to the latest trade figures in a report prepared by the ...

Trump Says Trade Deal with China 'Possible' 

This is Beirut, 20/02 09:15 - Reading : 3 minute(s)

Donald Trump Washington China Trade

US President Donald Trump suggested on Wednesday that a trade deal was "possible" with China – a key target in the US leader's tariffs policy. In 2020, the United States had already agreed to "a great trade deal with China" and a new deal was "possible," Trump told reporters. One month into his second term in office, Trump has threatened ...

Tariff Crisis: Trump Redefines Global Trade

Paul Guillot, 05/02 12:20 - Reading : 5 minute(s)

Donald Trump Canada Mexico China Trade Tariffs

The Trump administration has disrupted the global economy with a series of dramatic announcements and last-minute negotiations, imposing new tariffs on key trading partners – Canada, Mexico and China. While Canada and Mexico secured temporary reprieves through emergency agreements, China remains entrenched in a fierce tariff standoff. Amid ...

Trump Halts Canada and Mexico tariffs

This is Beirut, 03/02 18:25 - Reading : 4 minute(s)

United States Mexico Donald Trump Trade

President Donald Trump delayed the start of tariffs on Mexico and Canada for a month Monday after the US neighbors struck last-minute deals to tighten border measures against the flow of migrants and the drug fentanyl. Global stock markets had slumped as Trump's threat of sweeping 25 percent levies on exports from Canada and Mexico to the ...

Panama Canal at the Heart of Trump’s Expansionist Project

Ali A. Hamadé, 31/01 20:35 - Reading : 7 minute(s)

Donald Trump United States Panama Canal Trade

The re-election of Donald Trump marks the dawn of a new expansionist era, fueled by bold promises made during his campaign.   From the proposal to annex Greenland to the dream of integrating Canada as the 51st US state, and the ambition to regain control of the Panama Canal—an engineering marvel and a crucial artery of global trade—Trump ...

Lebanon’s Commercial Sector: Adapting to Change and Looking Ahead

This is Beirut, 2024-12-11 18:10 - Reading : 1 minute(s)

Banks Hezbollah Israel trade

The armed conflict between Israel and Hezbollah has severely impacted Lebanon's commercial sector, which continues to face significant challenges while preparing for the future. Despite the ongoing recovery process, the sector remains resilient. In this context, Nicolas Shammas, President of the Beirut Traders Association (BTA), organized a major ...

'America First': What Economic Strategies Under Trump?

Christiane Tager, 2024-11-13 17:20 - Reading : 3 minute(s)

Donald Trump European Union Gulf Middle East Trade

Donald Trump’s return to the White House would likely reinforce a protectionist and economically isolationist approach under the "America First" slogan, heightening challenges across international trade relations and geopolitical balances.   If Trump pursues a protectionist economic policy (America First) and adopts a more radical vision of ...

Italy Pulls Out of Chinese Belt and Road Initiative

This Is Beirut, 2023-12-06 22:14 - Reading : 3 minute(s)

Belt and Road Initiative China diplomacy Europe Giorgia Meloni Investment Italy Trade

After more than four years of being the sole G7 nation to join, Italy has decided to withdraw from China's extensive Belt and Road infrastructure Initiative, as confirmed by a government source on Wednesday. Italy has withdrawn from China's vast Belt and Road infrastructure initiative, more than four years after becoming the only G7 nation to sign ...

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