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| In this episode of Economy Bites, Director of Economics, Jing Teow discusses recent tariff agreements between the US, China, and UK, mentioning temporary relief but ongoing challenges. The discussion also highlights the impact on GCC nations, with lower GDP growth forecasts from the IMF, challenges for the oil sector, and fiscal pressures on Gulf economies. Also covered are President Trump's US$700 billion AI and technology deals during his recent visit to our region.
By PwC Middle East| In this episode of Economy Bites, Director of Economics, Jing Teow discusses recent tariff agreements between the US, China, and UK, mentioning temporary relief but ongoing challenges. The discussion also highlights the impact on GCC nations, with lower GDP growth forecasts from the IMF, challenges for the oil sector, and fiscal pressures on Gulf economies. Also covered are President Trump's US$700 billion AI and technology deals during his recent visit to our region.