
Trade


Where Things Stand in the US-China Trade War
This is Beirut, 09/05 12:55 - Reading : 4 minute(s)
United States China Tariffs Trade
US and Chinese officials meet this weekend in Geneva for their first formal talks aimed at resolving a grueling tit-for-tat tariff war that threatens hundreds of billions in trade and roils global markets and supply chains. AFP looks at how the trade row between the world's two economic superpowers is playing out. What Steps Have the Two Sides ...

France Defends Cinema Model after Trump Threats
This is Beirut, 07/05 21:15 - Reading : 2 minute(s)
France US Trade Movies Rachida Dati
France's culture minister vowed Wednesday to defend the country's system of promoting domestic film production in the face of threats from US President Donald Trump. France has a complex mix of taxes, quotas and levies on film and TV distributors that helps funnel money into the national film sector, making it Europe's cinema powerhouse. "We ...

Trade War: China Navigates the Storm with a Steady Compass
Christiane Tager, 02/05 22:00 - Reading : 4 minute(s)
Tik Tok USA Washington China Trade
Since Washington decided to strike hard with 145% tariffs, trade relations between China and the US have shifted from a negotiation table to a boxing ring. The blow is heavy: in 2024, the US alone accounted for nearly $500 billion in Chinese imports, making it Beijing’s largest commercial partner. In real terms, nearly one in five Chinese ...

Xi Says China Must 'Overcome' AI Chip Challenges.
This is Beirut, 28/04 12:20 - Reading : 2 minute(s)
China AI Technology Xi Jinping US Trade
President Xi Jinping said China must "overcome" the challenges of developing core AI technologies including high-end chips, state media reported Saturday, as Beijing seeks to become a world leader in the rapidly developing industry. China aims to dominate the artificial intelligence sector, a goal complicated by the trade standoff with Washington ...

China Retaliates with 84% Tariffs on US Products from Thursday
This is Beirut, 09/04 18:08 - Reading : 2 minute(s)
Donald Trump United States China Tariffs Trade
China will impose 84 percent tariffs on US imports, up from 34 percent, the finance ministry said Wednesday, hours after similar levies by the United States came into force. US President Donald Trump's latest salvo of tariffs came into effect on dozens of trading partners Wednesday, bringing duties on Chinese products up to 104 ...

Major Trade Wars Since the 19th Century
This is Beirut, 08/04 17:25 - Reading : 4 minute(s)
United States Trade World Trade Organization European Economic Community European Union
As the world reels from US President Donald Trump's tariff onslaught, here is a look back at some major trade wars since the 19th century: 19th century Opium Wars In the mid-19th century, two conflicts over the opium trade, which became known as the Opium Wars, pitted China against the British Empire. The first began in 1839, when Britain ...

EU Offers US Zero Tariffs for Cars and Other Industrial Goods
This is Beirut, 07/04 17:05 - Reading : 2 minute(s)
European Commission European Union United States Trade Tariffs
European Commission President Ursula von der Leyen said on Monday the EU had offered the United States a bilateral tariff exemption for cars and other industrial goods as it works to avert an all-out transatlantic trade war. "We stand ready to negotiate with the United States. Indeed, we have offered zero-for-zero tariffs for industrial goods, as ...

Fresh Trump Tariffs to Take Effect on April 5 and 9
This is Beirut, 03/04 00:17 - Reading : 4 minute(s)
United States Donald Trump Tariffs Trade
President Donald Trump's sweeping new tariffs on US trading partners are set to begin this weekend, said White House officials Wednesday, with a higher rate on "worst offenders" to take effect next week. Declaring that a "national emergency" stemmed from security concerns due to persistent trade deficits, the White House ...

Trumps Says US Will Be "Kind" With Tariffs For Other Countries
This is Beirut, 01/04 04:50 - Reading : 4 minute(s)
United States Donald Trump Economy Trade
US President Donald Trump said Monday he would be "very kind" to trading partners when he unveils further tariffs this week, risking global turmoil to address what he says are unfair trade imbalances. Trump -- who has been making unprecedented use of presidential powers since taking office in January -- said he could announce as early ...

Trump Warns Will Hold Tehran Responsible for Any Houthi Attacks
This is Beirut, 17/03 19:05 - Reading : 2 minute(s)
Houthi Movement United States Donald Trump Red Sea Trade
President Donald Trump declared on Monday that he will hold Iran directly responsible for any future attacks by Yemen's Iran-backed Houthis, who have targeted multiple US and other foreign ships in the Red Sea. "Every shot fired by the Houthis will be considered, from this point forward, as a shot fired from the weapons and leadership of IRAN, ...

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 ...