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Search results: “Sanctions and international trade”

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Sanctions and international tradeSingle source

Rubio says Trump waived Russia sanctions for 60 days to assess their impact

US Secretary of State Marco Rubio said Donald Trump waived Graham Act sanctions against Russia for 60 days. Rubio said the administration needs time to assess their effects on global and US energy markets and tariffs on countries such as India.

  • Trump waived Graham Act sanctions against Russia for 60 days.
  • Rubio said the pause will allow an assessment of effects on global and US energy markets.
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Українська правда
International politicsSingle source

UK expands sanctions powers to target support for illegal Israeli settlements

The UK is expanding sanctions powers to freeze assets and target those supporting illegal Israeli settlements, obstructing humanitarian aid or unlawfully detaining people. The new regime takes effect on Thursday and requires parliamentary approval within 28 days.

  • The UK is adding sanctions grounds covering support for illegal settlements, aid obstruction and unlawful detention.
  • The regime takes effect on Thursday and requires parliamentary approval within 28 days.
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The Guardian World
EconomySingle source

How Iranians move money abroad despite US sanctions

Restricted access to international banking is pushing Iranians toward currency brokers, private arrangements and cryptocurrency for overseas payments. The alternatives carry risks including fraud, delays, extra costs and possible sanctions.

  • Iranians use currency brokers, private arrangements and cryptocurrency to move money abroad.
  • The US sanctioned the crypto exchanges Nobitex, Wallex, Bitpin and Ramzinex.
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Al Jazeera English
International tradeSingle source

UK will not impose tariffs on Chinese vehicles, Reynolds says

The UK will not change its trade rules under pressure from the EU or impose tariffs on Chinese vehicles, Business Secretary Jonathan Reynolds said. He said any future trade-defence decision would be based on the needs of Britain’s export-led automotive sector.

  • London will not impose tariffs on Chinese vehicles under EU pressure.
  • The EU applies tariffs of up to 45% to Chinese electric vehicles.
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The Guardian Business
Sanctions and international tradeSingle source

EU excludes Russian rare-earth company from sanctions at Estonia’s request

The EU revised its new sanctions package to remove a Russian rare-earth metals company that supplies Estonia’s Silmet. Estonia is seeking alternative sources of supply.

  • The EU removed a Russian company from its new sanctions package at Estonia’s request.
  • The company supplies rare-earth metals to Estonia’s Silmet.
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