The British Chambers of Commerce warns that removing the de minimis exemption for low-value imports could lead to higher consumer prices and increased administrative burdens for businesses.
Mojtaba Khamenei, son of Iran's late supreme leader, appointed as new ruler amid Middle East conflict, driving oil prices above $114 a barrel.
As Middle East tensions rise, British expats are exploring alternative tax-free destinations from the Bahamas to Malta. Discover the pros, cons, and costs of these sunny, low-tax jurisdictions.
New Census data reveals Kentucky's population is growing, reversing rural decline. Immigration and remote work fuel influx from Ohio, Tennessee, and beyond, with Jefferson and Fayette counties as hotspots.
With fewer than 3% of cruise ship captains being women, pioneers like Belinda Bennett and Kate McCue are breaking waves in a historically male-dominated industry, sharing their journeys and the evolving attitudes toward gender at sea.
Donald Trump's 30-day waiver allowing India to buy Russian oil eases sanctions pressure, as Europe urged to strengthen measures against luxury car exports to Russia.
A Hong Kong-based company's subsidiary is pursuing $2 billion in damages from Panama after the government seized control of two critical Panama Canal ports, declaring the takeover illegal.
US Treasury Secretary Scott Bessent says the Trump administration is considering lifting sanctions on additional Russian oil to ease market pressures as Iran conflict drives global prices sharply higher.
Donald Trump's threat to cut all trade with Spain faces significant legal hurdles due to EU trade policy integration. The European Union functions as a single trading bloc, making isolation of individual members practically impossible under current framew
A US Customs and Border Protection official states a new system to refund billions in illegal tariffs could be operational within 45 days, aiming to simplify claims for hundreds of thousands of importers.
The US Treasury Department permits India to purchase Russian oil for one month, providing Moscow with financial relief as oil prices surge due to Middle East tensions.
A sustained closure of the Strait of Hormuz would trigger a severe fertiliser shock, threatening global food production and security far more than energy market disruptions.
A US judge will meet with customs lawyers to plan refunds of up to $175bn in illegal Trump tariffs, following a Supreme Court decision that struck down the levies but left repayment details unclear.
An Italian court has ruled in favour of Italy's claim against a Spanish restaurant chain named 'The Mafia Sits at the Table', ordering it to cease operations under that name due to cultural insensitivity and trademark infringement.
Shipping giant Maersk suspends two major Middle East routes, with 150 ships trapped in the Persian Gulf, causing port congestion and soaring freight rates globally.
Thousands of seafarers are stranded on tankers in the Gulf after Iran's threats effectively closed the Strait of Hormuz, causing global oil price surges and leaving crews in a war zone.
The United States has issued a 30-day waiver allowing Indian refiners to purchase Russian oil without tariff penalties, as disruptions at the Strait of Hormuz threaten global energy supplies.
The US Treasury issued a 30-day waiver allowing India to buy Russian oil stranded at sea, calling it a stopgap to ease global supply disruptions from the Middle East conflict.
US Interior Secretary Doug Burgum reports Venezuela is providing security guarantees to attract foreign mining investment in high-risk, mineral-rich regions, as part of US efforts to counter China's influence.
The United States and Mexico will begin bilateral trade negotiations on March 16, preceding a scheduled review of the USMCA free trade agreement that has stabilized commerce despite Trump's tariff policies.
A lawsuit has been filed against the Trump administration, alleging that its tariff policies violate international trade laws and harm domestic industries.
EU lawmakers have agreed to prohibit 31 meat-related names like steak and bacon for vegetarian products, though veggie burgers and meat-free sausages remain exempt.
New York Attorney General Letitia James and over 20 Democratic-led states are suing President Trump to block his recently imposed 15 percent global tariffs, arguing they unlawfully raise costs for consumers and small businesses.
Democratic-led states, led by New York Attorney General Letitia James, are suing President Donald Trump to block newly imposed 15% global tariffs, arguing they are illegal after a Supreme Court ruling struck down his earlier tariff agenda.
A sustained closure of the Strait of Hormuz would trigger a fertiliser shock, disrupting global agriculture and threatening food security far beyond energy market impacts.
A US trade court judge has mandated refunds with interest for over $130bn in tariffs deemed unlawful by the Supreme Court, impacting thousands of importers.
The closure of the Strait of Hormuz due to conflict is driving India and China to increase Russian oil imports, making Moscow a major beneficiary despite US pressure.
Iran's military actions in the Strait of Hormuz, a key oil and gas route, have slashed maritime traffic by up to 94%, sparking fears of supply chain chaos and soaring crude prices.
Brazil's Senate has unanimously ratified the EU-Mercosur free-trade agreement, following lower house approval, moving the long-negotiated deal closer to implementation for a market of over 700 million people.
Elon Musk testified in a civil trial where Twitter investors allege he manipulated stock prices before his 2022 purchase. The case centres on claims of securities fraud and could impact other legal actions against the billionaire.