US President Donald Trump yesterday said that countries aligning themselves with the “Anti-American policies” of Brics, will be charged an additional 10 per cent tariff.
Oil prices slipped more than 1% on Monday after OPEC+ surprised markets by hiking output more than expected in August, raising concerns about oversupply.
The adoption of Extended Producer Responsibility (EPR) regulations mark a pivotal move toward fostering sustainable development in the rubber and plastics industries, experts have said.
Most Asian stock markets were subdued on Friday, while Hong Kong and South Korea saw steep losses as U.S. President Donald Trump said he would start sending letters to trading partners to set new tariff rates by later today.
The U.S. trade deficit widened sharply in May as exports fell, but subsiding imports suggested trade could still lead an anticipated rebound in economic growth in the second quarter.
Oil prices fell slightly in Asian trade on Friday with focus squarely on an upcoming OPEC+ meeting for more cues on production, while further losses in crude were stemmed by more U.S. sanctions on Iran.