In response to the United States’ implementation of comprehensive tariffs on imports, Canada, Mexico, and China may consider collaborative strategies to mitigate economic impacts and reduce reliance on U.S. trade. This analysis explores potential measures these nations could adopt and examines the development of economic corridors aimed at circumventing U.S. economic influence. 1. Strategic Measures to Counter U.S. Tariffs A. …

A delegation from the International Monetary Fund (IMF) has arrived in Pakistan to conduct a comprehensive review focusing on governance and corruption issues. This mission aims to provide technical assistance to enhance Pakistan’s reform capacity, with discussions centered on strengthening governance structures and addressing corruption vulnerabilities. Objectives of the IMF Mission The primary goals of the IMF delegation include: Governance …

The recent implementation of sweeping tariffs by the U.S. administration has led to significant turmoil in the stock market, with the S&P 500 experiencing a sharp decline of 4.9%, the Nasdaq dropping 6%, and the Dow Jones Industrial Average falling nearly 1,700 points. This downturn has resulted in a substantial loss of market capitalization, echoing the market’s vulnerability to trade …

In a bold move, the Australian beef industry has announced that it will pass on the costs of new US tariffs directly to American consumers. This decision comes after the US government imposed tariffs on imported Australian beef, effectively increasing the cost of Australian beef entering the US market. The Australian beef industry maintains that absorbing the costs themselves would …

Farooq Hameed, Pakistan’s Test cap number 48, passed away on Thursday at the age of 80. He represented Pakistan in one Test match against Australia in December 1964 at the Melbourne Cricket Ground, where he claimed the wicket of former Australian captain Ian Chappell. A right-arm fast bowler, Farooq Hameed played 43 first-class matches from 1961 to 1970, taking 111 …

One of the country’s most awaited beats has hit the music scene with the release of Pakistan Super League’s (PSL) latest official anthem, X Dekho. The star-studded song marks a significant milestone, celebrating the League’s tenth anniversary, which is where the ‘X’ in the title comes from, but of course, one could also appropriately attribute it to the ‘X factor’ …

A record number of tourists from across the country flocked to the scenic Swat and Kaghan valleys during the Eid holidays to enjoy the pleasant weather and breathtaking landscapes. Ove According to Malakand DIG Nasir Mehmood Sati, over 700,000 tourists visited Swat and the Malakand division during Eid. He added that strict security measures were implemented to ensure a safe …

The Pakistan Stock Exchange (PSX) witnessed a strong bullish trend as the benchmark KSE-100 index surged by 1,729.48 points, or 1.45%, current index at 120,667.59. The index hit a high of 120,793.41 points during intra day trading session and maintained a relatively tight range, with the day’s low recorded at 119,085.73 points.

“Tariffs on McDonald Islands: A Geopolitical Mystery” The Heard and McDonald Islands, remote and uninhabited Australian territories, seem an unlikely subject of a tariff debate. However, their unique geopolitical position has led to discussions about trade regulations and environmental protection. Tariffs on imports and exports linked to such isolated regions often serve strategic interests rather than economic ones. This case …

The trade war initiated by former President Donald Trump marked a significant shift in U.S. economic policy, particularly in its approach to China. The imposition of tariffs on Chinese goods aimed to reduce the trade deficit and protect American industries but resulted in retaliatory measures. This trade war disrupted global supply chains, increased production costs, and affected international trade dynamics. …