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Report: China, Mexico impose world’s highest tariffs

By World Tribune on March 23, 2018 Americas, China, Exclusives, NE Asia, Rest of The Best, Stateside, Top Stories, U.S. Economy, World Links, World Tribune

by WorldTribune Staff, March 23, 2018 Major media reports on U.S. President Donald Trump’s imposition of tariffs on Chinese goods, such as a CNN report Friday, warned they would lead to a “global trade war.” The New York Times reported that China responded with “cautious anger.” Downplayed was the fact that China on average imposes […]

Saudi companies fail to make payrolls, Gulf states weigh taxes as oil prices strain economies

By Editor One on February 12, 2016 BB Middle East, Exclusives, Mideast, Saudi Arabia, Top Stories, UAE, World Links

Special to WorldTribune.com Sinking oil prices are weighing heavily on Mideast economies. In Saudi Arabia, the construction sector has been hit hard by low oil prices as several firms with government contracts are failing to make payroll. The Riyadh government has significantly cut spending on building projects as it seeks to reduce a budget deficit […]