UK car and commercial vehicle production fell by a staggering 32.8% in May 2025, dropping to just 49,810 units – the lowest May figure since 1949, excluding the pandemic-affected 2020.… read more →

On Saturday, 21 June, the US bombed three nuclear facilities in Iran, raising tensions between the two global powers to their highest point in years; yesterday, Iran retaliated by striking… read more →

The Guiding and Establishing National Innovation for US Stablecoins Act, or GENIUS Act, was passed yesterday, on Tuesday, 17 June. It has created regulated pathways for banks, fintech companies and… read more →

TBTs are non-tariff barriers — such as standards, certifications, and conformity assessments — that are less well-known than tariffs but more impactful. In this context, the US tariff strategy should… read more →

The survey, conducted across approximately 4,500 companies in nine countries (China, France, Germany, Italy, Poland, Singapore, Spain, the UK, and the US), reveals that close to 60% of firms expect… read more →

Speaking at the US-Saudi Investment Forum in Riyadh, while acknowledging their purpose before the fall of Bashar al-Assad’s regime in December 2024, Trump described the sanctions as “brutal and crippling”.… read more →

The EBRD analysis shows that tariff increases implemented by the US through mid-April 2025 have dramatically raised average effective tariffs faced by exporters in EBRD regions from 1.8% in 2024… read more →

Both sides will reduce tariffs by 115%. As it stands, China’s tariffs on US imports reach 125%, while the US’ charge on Chinese goods is 145%. As such, rates will… read more →

The discussion did not result in a concrete deal, but highlighted its eventual nature. The agreement will focus on the agriculture, technology, and manufacturing industries, cutting tariffs from 27.5% to… read more →

The agreement, signed by US Treasury Secretary Scott Bessent and Ukraine’s Minister of Economy Yulia Svyrydenko, provides for a “reconstruction investment fund” that will invest in the extraction of Ukraine’s… read more →