Amid growing global trade tensions, the U.S. has imposed reciprocal tariffs on its trading partners, including Pakistan. This move, based on currency manipulation concerns and trade barriers, presents both challenges and opportunities for Pakistan’s economy. In a bold move to recalibrate its trade relationships, the United States has imposed reciprocal tariffs on numerous trading partners, […]
Pakistan is set to receive a $1.2 billion oil financing facility from Saudi Arabia, with monthly disbursements of $100 million starting March 2025. This initiative aims to bolster Pakistan’s energy sector and strengthen its foreign exchange reserves. This arrangement will continue until February 2026, providing a significant boost to Pakistan’s energy sector and foreign exchange […]
U.S. polypropylene corrugated box producers file antidumping petitions against China and Vietnam, alleging unfair pricing. Investigations may lead to duties, impacting trade relations and domestic manufacturers U.S. polypropylene (PP) corrugated box producers, including CoolSeal USA Inc., Inteplast Group Corporation, SeaCa Plastic Packaging, and Technology Container Corp., have filed antidumping and countervailing duty petitions against imports […]
Shell plc is evaluating the sale of its chemical assets in the U.S. and Europe, including the Deer Park facility, while planning expansion in China through its joint venture with CNOOC, reflecting a strategic shift under CEO Wael Sawan. Shell plc is conducting a strategic review of its chemical assets in the United States and […]
