World Business NewsTrump’s tariff authority challenged in court by conservative legal group
The lawsuit argues that Trump lacked the legal basis to impose the tariffs under the International Emergency Economic Powers Act
Apr 4, 2025
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World Business News
World Business NewsIMF says new U.S. tariffs represent significant global economic risk
The importance of avoiding further steps that could harm the global economy, says Kristalina Georgieva
Apr 4, 2025
TechiPhone 16 price could increase by 30% to 43% due to U.S. tariffs
Most iPhones are made in China, subject to a 54% tariff, forcing Apple to decide on absorbing or passing the costs
Apr 4, 2025
World Business NewsWTO warns U.S. tariffs may shrink global trade by 1% in 2025
The WTO now oversees 74% of global trade, down from 80% earlier this year due to rising tariffs
Apr 4, 2025
HeadlinesFBR expands digital invoicing network with two new private integrators
With this move, the total number of licenced private integrators rises to three, in addition to PRAL, which also serves as an official integrator
Apr 4, 2025
TechTrump proposes tariff negotiations as part of potential TikTok sale agreement
Donald Trump confirms that his administration is "very close" to reaching a deal on TikTok, with multiple investors involved
Apr 4, 2025
AutomobileNissan stops taking U.S. orders for Infiniti SUVs from Mexico plant
This decision reduces operations at the joint venture plant in Mexico, where the Infiniti QX50 and QX55 are produced with Mercedes-Benz
Apr 4, 2025
HeadlinesPM suspends heads of key agricultural bodies over failure to address cotton crisis
PARC and PCCC heads axed as cotton production plummets; no research conducted in over a decade
Apr 4, 2025
HeadlinesHyundai signals launch of high-spec Tucson hybrid in Pakistan
Hyundai announces in a teaser that the “All-Wheel Drive Hybrid is almost here,” emphasizing “unstoppable power.”
Apr 4, 2025
HeadlinesPakistan seeks diplomatic review of US tariffs, aims for reconciliatory approach: report
Unlike many nations that escalated trade conflict with counter-tariffs, Pakistan seeks dialogue to explain its position
Apr 4, 2025
HeadlinesDar-led committee reviews LNG pricing proposal, tenders for offshore and onshore blocks to be floated by June
Circular debt issue addressed; third-party gas sale approval to improve exploration firms' cash flow
Apr 4, 2025
HeadlinesPakistan’s trade deficit narrows by 7.5% in March 2025
Exports rise by 1.9% YoY, while imports see a decline of 2.5% YoY
Apr 3, 2025