live U.S. to impose measures 'never seen before' on Iran, Treasury secretary says
The U.S. will impose unprecedented measures on Iran in order to economically isolate the country, U.S. Treasury Secretary Scott Bessent has said...
India has notified the WTO of plans to impose retaliatory tariffs on U.S. goods in response to higher U.S. import duties on Indian automobile products, with a 90-day tariff pause set to expire on July 9.
India has proposed retaliatory measures against the United States under World Trade Organization (WTO) rules, targeting selected U.S. goods in response to increased American tariffs on automobile imports.
According to a WTO notification cited by the Press Trust of India, New Delhi intends to suspend certain trade concessions by raising tariffs on specific U.S.-origin products. The move comes as a response to safeguard measures adopted by the U.S. in March, which raised tariffs by 25% on passenger vehicles, light trucks, and auto parts imported from India.
The retaliatory proposal coincides with the end of a 90-day tariff suspension announced by U.S. President Donald Trump in April, which expires on July 9. Despite ongoing trade discussions, no agreement has yet been reached between Washington and New Delhi.
India’s notification to the WTO Council for Trade in Goods formalises its intention to act within WTO provisions, should the U.S. proceed with implementing the tariff hikes.
Flights at Catania airport in Sicily will remain suspended until early Friday as ash from Mount Etna continues to disrupt air travel, following hundreds of cancellations and diversions over the past week.
Hundreds of flights have been cancelled or rerouted at Catania Airport over the past week as ash from Mount Etna’s ongoing eruption continues to disrupt air travel in Sicily.
Iran says the Strait of Hormuz remains under its control, rejecting U.S. President Donald Trump’s claim of “total control” over the strategic waterway and insisting it will not reopen until Washington fulfils its commitments under an interim deal.
The U.S. will impose unprecedented measures on Iran in order to economically isolate the country, U.S. Treasury Secretary Scott Bessent has said.
Russia has accused Ukraine of threatening global grain supplies after recent strikes on Black Sea agricultural infrastructure, while Moscow carried out a new overnight attack on Ukraine’s major Danube port of Izmail.
Iran and Afghanistan are seeking closer cooperation in agriculture, livestock and irrigation during a three-day Iranian ministerial visit to Kabul, as both sides look to strengthen trade and rural economies.
At least 437 civilians were killed and 2,610 injured in Ukraine in July, according to UN investigators, marking the highest monthly civilian casualty toll since March 2022.
Record rainfall in Japan killed eight people and stranded thousands of travellers at Tokyo's Narita Airport on Friday, as flooding disrupted transport and cut power to 20,000 homes.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 14th of August, covering the latest developments.
Ukraine’s attacks on Russian ports, refineries and shipping infrastructure are putting Moscow’s energy exports under growing pressure and disrupting key trade routes, raising concerns over commercial shipping and global food supplies.
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