Business

Trump Imposes Harsh Tariffs on Canada, Mexico, and China

Washington: The US President Donald Trump has carried out his threat and signed executive orders imposing steep tariffs on imports from Canada, Mexico, and China. The executive orders authorize levying 25 percent tariffs on all imports from Mexico and…

Canada, Mexico Impose Tariffs in Response to US

Kuwait City: Canada and Mexico have announced that they will impose tariffs on American products in response to similar measures announced by US President Donald Trump against the two countries. Canadian Prime Minister Justin Trudeau stated on Saturda…

ATO Chief Urges Codifying Urban Concepts in Arab Countries

Tangiers: Secretary-General of the Arab Towns Organization Abdulrahman Al-Asfour extolled the State of Kuwait for “the limitless support” it offered to the organization since its inception on March 15, 1967. “Thanks to generous contributions from Kuwa…

US Economy Grew by 2.3 Pct in 4Q of ’24

Washington: The US gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024, according to the advance estimate released Thursday by the US Bureau of Economic Analysis.

According to Kuwait News Agency, the …

UK Government Endorses Third Runway at Heathrow to Boost Economy

London: Working people and businesses across Britain will benefit from a government going “further and faster” to kickstart economic growth, as Chancellor of the Exchequer Rachel Reeves announced the government’s support for a third runway at Heathrow…