Economy

There is a "good chance" the U.S. and Mexico will come to an agreement that would avoid a 5% import duty on all Mexican imports, President Donald Trump said Friday. "If we are able to make the deal with Mexico, & there is a good…

U.S. President Donald Trump delayed for six months on Friday his decision whether to impose tariffs on automobile imports from the European Union (EU) and Japan. The decision comes as Trump wrangles with China over a new trade deal. The…

U.S. President Donald Trump signed an executive order Wednesday banning American telecommunications firms from installing foreign-made technology that poses national security threats. Although the order, which declared a national…

Uber and Lyft drivers across the country are turning off their apps and striking Wednesday to protest for better compensation ahead of a potentially enormous initial public offering for one of the rideshare companies. Uber is reportedly…

By Sohaila Barghash The country has already been trying to cope with the consequences of US imposed sanctions, yet only a few days back, Washington demanded buyers of Iranian oil to stop purchases by 2 May or face sanctions, ending…

By Sohaila Barghash As the Middle East faces serious economic and social conflicts, many countries in the region are grappling with rising public debt. Jihad Azour, the IMF's director of the Middle East and Central Asia said,…

Turkish and U.S. trade ministries is establishing a working group to achieve bilateral trade volume target, the country's trade minister said. In February, Turkish President Recep Tayyip Erdogan and U.S. President Donald Trump agreed to…

Crude oil prices were down at trading start on Tuesday after U.S. President Donald Trump took aim at high oil prices and criticized the Organization of Petroleum Exporting Countries (OPEC) once again. International benchmark Brent…

A Turkey-based gold refinery "fully" denied the allegations that it purchases gold from sanctions-hit Venezuela. In a statement, the Istanbul Gold Refinery said that it was not involved in trade with the Latin American country,…

By Bassel Barakat Mustafa Tuncer was elected President of the Turkish-American Business Association (MUSIAD USA) on Saturday for the second time in a row with a huge turnout from all the members around the United States. MUSIAD…