Tag: #TradePolicy
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MALAYSIA TO REVIEW TRADE AGREEMENT WITH U.S. AMID LEGAL UNCERTAINTIES
Prime Minister Anwar Ibrahim says Putrajaya is closely watching U.S. tariff disputes and Supreme Court rulings to safeguard national interests and $94B bilateral trade. Malaysia is carefully evaluating its stance on the Agreement on Reciprocal Trade (ART) with the U.S., Prime Minister Anwar Ibrahim told parliament on Tuesday. He noted ongoing legal developments in Washington,…
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NIGERIA URGES ECOWAS LAWMAKERS TO FAST-TRACK AfCFTA LAWS FOR REGIONAL TRADE BOOST
With Africa’s $3.4 trillion free trade market now active, Nigeria is pushing ECOWAS lawmakers to enact strong laws that will unlock massive trade, investment, and job opportunities across West Africa. Nigeria has called on parliamentarians in the Economic Community of West African States (ECOWAS) to accelerate legislation that will drive the full implementation of the…
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US SUPREME COURT QUESTIONS TRUMP’S AUTHORITY ON SWEEPING TARIFFS IN HIGH-STAKES HEARING
The US Supreme Court justices, including conservatives, intensely questioned the Trump administration’s legal basis for imposing broad tariffs under the 1977 International Emergency Economic Powers Act (IEEPA). Over a two-hour hearing, Chief Justice John Roberts and others expressed skepticism about whether the president had the authority to bypass Congress on tariffs framed as national security…
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U.S. DELAYS TRUMP’S PHARMA TARIFFS, SHIFTS FOCUS TO PRESSURING COMPANIES
Pharma import tariffs postponed as U.S. aims to push manufacturers to build locally or cut prices. The Trump administration has postponed the planned 100% tariffs on branded pharmaceutical imports set for October 1. Instead, officials will prepare tariffs targeting companies that refuse to relocate production to the U.S. or lower drug prices. Originally, firms could…
