Donald Trump at WEF Davos: US President projects $600 billion in tariff revenue; claims bigger inflows next year

Donald Trump at WEF Davos: US President projects $600 billion in tariff revenue; claims bigger inflows next year

File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump on Thursday said the United States is set to receive around $600 billion in tariff revenue, adding that the figure is expected to be “much more than that” next year. Trump made the remarks while addressing the World Economic Forum (WEF) Summit…

Read More
Trump sanctions hit! Russia records lowest oil exports since Ukraine conflict; revenue falls to $11 billion

Trump sanctions hit! Russia records lowest oil exports since Ukraine conflict; revenue falls to $11 billion

Russia’s oil exports crashed to their lowest point since the Ukraine war began, weighed down by buyers moving away from Moscow amid tightened US sanctions and Kyiv’s escalating attacks. In its latest assessment, the International Energy Agency (IEA) noted that Russian oil exports declined by 420 kb/d in November, pulling total shipments down to 6.9…

Read More