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Qatar Tribune
4 days ago
- Business
- Qatar Tribune
US slaps 17% duty on most Mexican fresh tomatoes
Agencies The United States is imposing antidumping duties on most imports of fresh tomatoes from Mexico, the US Commerce Department said Monday as Washington alleged its neighbor engaged in unfair trade. The duties, set at 17.09 percent, come after Washington moved to terminate a 2019 agreement that staved off such charges. 'Mexico remains one of our greatest allies, but for far too long our farmers have been crushed by unfair trade practices that undercut pricing on produce like tomatoes. That ends today,' Commerce Secretary Howard Lutnick said in a statement. 'This rule change is in line with President (Donald) Trump's trade policies and approach with Mexico,' he said. Mexico is a dominant supplier of US fresh tomato imports, and the US Commerce Department said that antidumping duties are calculated to measure the percentage by which Mexican tomatoes were sold in the country at 'unfair prices.' The United States had announced it was withdrawing from the tomato agreement in April, arguing that the action was meant to help American tomato growers compete fairly. But observers have expressed concern that the duties could cause a spike in tomato prices. On Monday, the Mexican government said it was working with tomato producers to limit the effects of the 17 percent duty. 'We are working together to minimize the impact,' President Claudia Sheinbaum said at her regular morning press conference, without giving details.
Express Tribune
07-07-2025
- Politics
- Express Tribune
US revoking 'terrorist' designation for Syria's HTS
The United States on Monday announced it was revoking its "foreign terrorist organization" designation of Hayat Tahrir al-Sham (HTS), a group once linked to Al-Qaeda that toppled Syria's government in December. "In line with President (Donald) Trump's May 13 promise to deliver sanctions relief to Syria, I am announcing my intent to revoke the Foreign Terrorist Organization (FTO) designation of al-Nusrah Front, also known as Hay'at Tahrir al-Sham (HTS)," said US Secretary of State Marco Rubio in a statement. An armed coalition led by HTS leader Ahmed al-Sharaa overthrew then-Syrian president Bashar al-Assad last year, ending half a century of brutal rule by the latter's family. Sharaa took over as interim president, a move that has been cautiously welcomed in Washington, Europe and elsewhere, with historic foe Israel seeking to build ties with the new government. Washington's move will formally take effect on Tuesday, and comes after US President Trump last week formally dismantled his country's sanctions against Syria. "Tomorrow's action follows the announced dissolution of HTS and the Syrian government's commitment to combat terrorism in all its forms," said Rubio. HTS was earlier known as Al-Nusra Front, and was formerly the branch of Al-Qaeda in Syria, but it broke ties with the jihadist group in 2016 and sought to soften its image. AFP
Yahoo
13-06-2025
- Politics
- Yahoo
Israel's Netanyahu says Washington knew about Iran attack plans
JERUSALEM (Reuters) -Prime Minister Benjamin Netanyahu said on Friday that Israel had informed the United States about its plans to attack Iran before carrying them out. "I leave the American position to the Americans. We updated them ahead of time. They knew about the attack. What will they do now? I leave that to President (Donald) Trump. He makes his decisions independently," Netanyahu said in a recorded video message. "I am not going to speak for him (Trump). He does that very convincingly and assertively. He said that Iran cannot have nuclear weapons, they cannot have enrichment capabilities."
Reuters
13-06-2025
- Politics
- Reuters
Israel's Netanyahu says Washington knew about Iran attack plans
JERUSALEM, June 13 (Reuters) - Prime Minister Benjamin Netanyahu said on Friday that Israel had informed the United States about its plans to attack Iran before carrying them out. "I leave the American position to the Americans. We updated them ahead of time. They knew about the attack. What will they do now? I leave that to President (Donald) Trump. He makes his decisions independently," Netanyahu said in a recorded video message. "I am not going to speak for him (Trump). He does that very convincingly and assertively. He said that Iran cannot have nuclear weapons, they cannot have enrichment capabilities."
Yahoo
03-06-2025
- Business
- Yahoo
US stock futures slip amid US-China trade tensions
U.S. stock futures are lower after major stock indexes eked out a gain on the first trading day of the month despite rising trade tensions between the U.S. and China. "It appears the market took solace in the White House signaling that President (Donald) Trump and Xi Jinping would talk this week," said Mike O'Rourke, chief market strategist at JonesTrading. At 6:20 A.M. ET, futures linked to the blue-chip Dow fell -0.40%, while broad S&P 500 index futures dropped -0.45% and tech-heavy Nasdaq futures slipped -0.44%. Before the bell Dollar General, Signet Jewelers and Nio are set to report earnings. Stocks to watch include: EchoStar said it won't make about $183 million in cash interest payments on a series of Dish's notes. The non-payment was made in light of recent uncertainty raised by the Federal Communications Commission, it said. Pegasystem raised its full-year outlook above analysts' forecasts. Credo Technology's results in the last three months of its fiscal year beat analysts' forecasts. Medora Lee is a money, markets, and personal finance reporter at USA TODAY. You can reach her at mjlee@ and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday. This article originally appeared on USA TODAY: US stock futures slip amid US-China trade tensions Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
