International

US Tariff Revenue Surges Past $100 Billion This Year

By BPN News Desk July 12, 2025

The United States Treasury has reported a significant jump in customs revenue, with tariff collections crossing $100 billion in the first nine months of the 2025 fiscal year. This surge comes amid continued enforcement of high import duties under President Donald Trump’s trade policy agenda. June Sees Rare Budget Surplus The federal government posted a […]

International

Rubio Meets China’s Wang Yi, Calls Talks Positive

By BPN News Desk July 11, 2025

U.S. Secretary of State Marco Rubio met Chinese Foreign Minister Wang Yi on July 11 in Kuala Lumpur during the East Asia Summit and ASEAN Regional Forum. This was their first in-person meeting since Rubio took office earlier this year, marking a key step in resuming diplomatic communication amid growing tensions between the two nations. […]

International

Brazil Threatens 50% Tariff on US goods in Response from Aug

By BPN News Desk July 11, 2025

Brazilian President Luiz Inácio Lula da Silva has warned that Brazil will impose a 50% tariff on US goods if Washington follows through on its proposed tariff hike on Brazilian imports starting August 1. Lula said Brazil remains open to diplomatic talks but made it clear that if negotiations fail, his government will invoke the […]

International

US Imposes 35% Tariff on Canada from Aug 1

By BPN News Desk July 11, 2025

US President Donald Trump has announced a steep 35% tariff on Canadian imports, which will take effect from August 1. This sharp increase from the current 25% rate is part of a broader effort by the United States to put pressure on Canada over alleged trade imbalances and drug trafficking concerns. Trump, in an official […]

International

Nigeria Joins BRICS as Partner Country to Enhance Trade and Investment

By BPN News Desk January 20, 2025

Nigeria has officially joined the BRICS bloc as a partner country, marking a significant step in its efforts to boost trade and investment. The BRICS group, originally comprising Brazil, Russia, India, China, and South Africa, has been expanding its reach to include emerging economies. Nigeria’s inclusion aligns with its strategic goals to strengthen economic ties

Asia

India Engages With Taliban Amid Evolving Regional Dynamics

By BPN News Desk January 16, 2025

In a significant shift, India has initiated diplomatic engagement with the Taliban, signaling a pragmatic approach to addressing evolving regional challenges. This outreach comes amid growing concerns over Afghanistan’s security, trade opportunities, and geopolitical stability. India’s outreach focuses on safeguarding its strategic interests in Afghanistan, which has