Thursday Briefing: Trump’s Steep Tariffs on Brazil
Plus, U.S.-India trade tensions.
Month: July 2025
In pharma JV, Pakistan to import Russian insulin
[ Listen to article ISLAMABAD: Pakistan is set to import insulin from Russia with the help of joint ventures between pharmaceutical companies of the two countries. In that regard, a high-level meeting was held under the chairmanship of Special Assistant to Prime Minister (SAPM) on Industries Haroon Akhtar Khan. Russian government representative Denis Nazarov, senior officials of … Read more
Pakistan, US seal trade deal
Listen to article WASHINGTON: The United States struck a trade deal with Pakistan, US President Donald Trump said on Wednesday, hours after announcing 25 tariffs on imports from India in addition to unspecified “penalty” over New Delhi’s purchases of Russian weapons and energy. Trump said that the deal with Pakistan included joint development of the country’s “massive” … Read more
China’s Small Workshops Are Hurting. Trump’s Tariffs Are Only One Reason.
[The U.S.-Chinese cease-fire left exporters with crippling tariffs, worsening a slowdown for light-industry factories caused by China’s shift to advanced manufacturing.
No more YouTube for under-16s in Australia
Australia will use landmark social media laws to ban children under 16 from video-streaming site YouTube, a top minister said on Wednesday, stressing the need to shield them from “predatory algorithms”. As per AFP, communications Minister Anika Wells said four-in-ten Australian children had reported viewing harmful content on YouTube, one of the most visited websites … Read more
First auto safety law approved
Listen to article ISLAMABAD: In a significant development, the federal cabinet on Wednesday approved Pakistan’s first law to ensure minimum safety in locally assembled and imported cars, proposing up to three years’ imprisonment and fines of up to Rs10 million for violators. The Motor Vehicles Industry Development Act was first cleared by the Cabinet Committee on Legislative … Read more
Top seed Gauff advances at Montreal
MONTREAL: World number two Coco Gauff battled into the third round of the WTA Canadian Open on Tuesday by outlasting US compatriot Danielle Collins 7-5, 4-6, 7-6 (7/2). Gauff won the last six points of the match to capture her opener in her first hardcourt tune-up event on the road to the US Open, which … Read more
SpaceX Set to Launch NASA’s Crew-11 Mission to the Space Station
Cardman, who leads a crew of astronauts to the station on Thursday, was bumped from a similar mission last year.
Countries Promise Trump to Buy U.S. Gas, and Leave the Details for Later
[U.S. trading partners are committing to buy more gas than they need or than the U.S. can produce, at least in the short term.
NEPRA hears plea to cut tariffs by Rs0.65/unit
[ Listen to article ISLAMABAD: Consumers are expected to get relief of Rs0.65 per unit in electricity bills for June 2025 under fuel charges adjustment (FCA). The National Electric Power Regulatory Authority (NEPRA) held a public hearing on Wednesday on a request by the Central Power Purchasing Agency (CPPA) to reduce the FCA for June. CPPA sought … Read more
