Frankfurt: The main stock index in Germany, the DAX, recorded a significant decline of 10 percent on Monday, driven by the ongoing tariff dispute with the United States. The Frankfurt-based stock exchange reported that the DAX, which tracks Germany’s …
London: The British carmaker Jaguar Land Rover announced Saturday suspension of all shipments of its cars to the US while it works out how to adjust to Donald Trump’s tariffs. In a press statement, the carmaker said it will halt its shipments to the U…
Muscat: The 3rd Gulf Cooperation Council (GCC) Beach Games began in Muscat, Oman, featuring 330 athletes, including 65 representing Kuwait. Kuwait is competing in six sports: beach soccer, beach volleyball, sailing, paragliding, athletics, and tent pe…
Seoul: Asia’s giants China, Japan, and South Korea agreed on Sunday to bolster inter-Asian investment and trade cooperation to face the mounting trends of protectionism.
According to Kuwait News Agency, the accord among the regional powers came durin…
Washington: US President Donald Trump has enacted an executive order imposing a 25 percent tariff on imported automobiles and specific auto parts, effective from April 2. The measure aims to counter “unfair trade practices” and safeguard US national s…