Tensions over U.S. tariff threats have dominated the G20 finance ministers’ meeting in Durban, South Africa. As finance chiefs gathered to discuss global economic cooperation, President Donald Trump’s new tariff plans created concern about further trade disruption and global fragmentation. South Africa, the host, urged G20 countries to show bold leadership and unity in tackling […]
Trump’s Tariffs
Trump’s tariffs: IMF predicts marginal decline in Pakistan’s economic growth
The International Monetary Fund (IMF) has warned that the recent reciprocal tariffs imposed by the US under President Donald Trump will negatively impact Pakistan’s exports and economic growth. The IMF’s latest report stated that while the full effect remains uncertain, the tariffs will likely reduce Pakistan’s GDP growth, with a modest reduction in FY25 and […]
Trump’s tariffs threaten iPhone prices and Apple’s stock performance
US President Donald Trump’s new tariffs are set to impact global trade, especially for consumer products like iPhones. Analysts warn that if Apple passes these costs to buyers, an iPhone could increase by 30% to 40%. Most iPhones are manufactured in China, where they now face a hefty 54% tariff. Apple will need to decide […]