The market anticipates Trump's tariffs, particularly a 25% tariff on Canadian imports, which could impact domestic and foreign industries, particularly the American Midwest.
ECONOMY Feed Atom
Iran and Serbia reaffirmed their commitment to strengthening economic cooperation during a meeting between Serbia’s ambassador and Iran’s minister of finance and economic affairs.
India is expected to be the key destination for global oil and gas products as the country adds refinery, petrochem, LNG regasification and pipeline capacity while the Chinese economy slows, according to an HSBC report released on Tuesday.
Union Commerce and Industry Minister Piyush Goyal on Sunday proposed to launch a startup bridge between Norway and India, as the two countries discuss various ways to boost trade ties.
The ambassador of the Islamic Republic of Iran to Mauritania consulted and exchanged views with the Minister of Energy and Oil of that country regarding the strengthening of bilateral cooperation.
Japan has vowed to carry out efforts to help Iran advance its case in the Financial Action Task Force (FATF), according to an Iranian deputy finance minister.
Iran's economy experienced a 4% growth in the first half of 2024, with a 2.6% growth excluding the oil sector, according to the Iranian Statistical Center.
Iran prioritizes expanding cooperation with regional powers and international organizations such as the Shanghai Cooperation Organization (SCO) and BRICS, according to Kazem Jalali, Iran’s Ambassador to Russia.
Islamic Republic of Iran Customs Administration (IRICA) says the country's non-oil exports rose by 18% year on year in eight months of the current Iranian calendar year (started March 21, 2024).
Iran's Finance and Economic Affairs Minister Abdolnasser Hemmati met with OPEC Fund President Abdulhamid Alkhalifa at the 28th WAIPA World Investment Conference, confirming the Fund's readiness to offer services to Iranian companies.
Iran aims to increase annual trade with Qatar to one billion dollars, hoping for increased economic cooperation during the Joint Economic Committee meeting between the two nations.
Iran’s capital Tehran is going to host the next meeting of the Iran-Turkey Joint Economic Committee on December 9, an official with the Iranian Foreign Ministry said.
The head of Iran’s Trade Promotion Organization (TPO) has stressed the need for finding new and innovative ways to increase the share of the Islamic Republic in the African markets, IRNA reported.
Iranian Agriculture Minister Gholamreza Nouri Ghezeljeh and Japanese Ambassador Tamaki Tsukada discussed Iran's transit corridor's potential for significant regional product transport.
The head of Iran’s Trade Promotion Organization (TPO) has highlighted the need to establish a joint business council with Kazakhstan, the TPO portal reported.
The 10th meeting of the Iran-Venezuela Joint Economic Committee began in Caracas, attended by representatives from various public and private companies and institutions.
Iran's ICCIMA head, Samad Hassanzadeh, emphasizes the need for significant foreign investment growth to achieve the eight-percent economic growth outlined in the country's Seventh National Development Plan (2022-2027).
President-elect Donald Trump's promise to slap an across-the-board tariff of at least 10 per cent on all imports including from Canada is unlikely to apply to Canadian oil, energy experts are predicting.
Iran's Energy Minister Abbas Aliabadi and Qatar's Ambassador to Iran, Saad Abdullah Saad Al Mahmoud Al Shareef, met in Tehran to discuss expanding economic and trade ties.
Deputy Minister of Economy of the Republic of Armenia Narek Hovakimyan emphasized his country’s serious determination to invest in Iran’s southeastern strategic Chabahar port.