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Government to provide additional NOK 115 billion to strengthen Long-term Defence Plan
Category: Business News
The Norwegian Government will allocate an additional NOK 115 billion to the financial framework for the Long-term Defence Plan for the period up to 2036. NOK 31 billion of this will be provided by 2030. The Government is also proposing adjustments to the plan and is redefining some of the priorities.
Source: Government.no
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The US drops Section 301 trade bombshell on 16 countries
Category: Business News
The US dropped a new Section 301 trade investigation against 16 of its most important trade partners, including the EU, Singapore, Japan, China, and India. The accusations range from low utilization of chemical facilities in Germany, expansion of industrial capacity in spite of a drop in industrial occupancy rates in Singapore, currency manipulation in Switzerland, […]
Source: Hinrich Foundation
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USTR Initiates Section 301 Investigations Relating to Structural Excess Capacity and Production in Manufacturing Sectors
Category: Business News
WASHINGTON — Today, United States Trade Representative Jamieson Greer announced the initiation of investigations regarding the acts, policies, and practices of various economies under Section 301(b) of the Trade Act of 1974 relating to structural excess capacity and production in manufacturing sectors. The investigations will determine whether those acts, policies, and practices are unreasonable or […]
Source: USTR
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Trump’s MFN drug pricing impact still unclear in Denmark and Sweden
Category: Business News
With the US administration’s Most Favoured Nation (MFN) drug pricing policy still hanging over Europe, Denmark and Sweden, two of the affected countries, are investigating its potential impact. The MFN policy, set out in an executive order by US President Donald Trump in May 2025, aims to force global drug manufacturers to reduce the price […]
Source: Euractiv
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FedEx sues Trump administration for ‘full refund’ after tariffs overturned – ABC News
Category: Business News
FedEx is suing the Trump administration to get a “full refund” for all the tariffs the company paid that have since been overturned by the U.S. Supreme Court, a complaint shows. “Plaintiffs seek for themselves a full refund from Defendants of all IEEPA duties Plaintiffs have paid to the United States,” lawyers for FedEx said […]
Source: ABC News
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