Prime Minister of Armenia Nikol Pashinyan stated that the country has no intention of giving up imports of Russian grain. The comment came after reports about an alleged plan to replace Russian supplies with Ukrainian ones.
The White House has officially announced the conclusion of an agreement with China aimed at stabilizing trade relations and reducing tensions between the world’s two largest economies. The document outlines mutual steps to ease tariff and non-tariff barriers, as well as measures in the areas of security and counter-narcotics cooperation.
Trade talks between the USA and China are underway in London. The goal is to confirm the seriousness of both sides, discuss export restrictions, and explore resuming supplies.
An agreement to reduce duties between the US and China will take effect on May 14 for 90 days to stabilize trade relations.
Pakistan has closed its airspace to Indian airlines, suspended all trade, and warned that India’s restriction of water flows will be treated as an act of war.
The U.S. president says trade rivals are ready to make concessions in exchange for lifting tariffs.
Trump Declares Economic Emergency Amid Trade Deficit, Launches Import Tariffs
Suspension of project approvals seen as leverage in negotiations with the Trump administration.
The U.S. prepares sweeping duties that threaten $33 trillion in global trade and rising inflation.
The move strengthens trade ties with Washington and aims to reduce the cost of living.
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