June 12, 2026
The US Supreme Court has struck down Trump's retaliatory tariffs
The interim government is backing its tariff plea with a flurry of trade concessions, including on aircraft, foodgrain, and LNG purchases
Business leaders urge swift negotiations as fears grow over losing ground to Vietnam, India, and China
Commerce secretary says the interim government is in talks with Boeing with orders imminent
Officials see US LNG as a new source beyond GCC amid looming tariff pressure under Trump’s new “reciprocal tariff” policy