South Africa’s President Cyril Ramaphosa has opposed what he calls the “unilateral” higher trade tariffs imposed on his country by the US. US President Donald Trump announced on Monday that he would subject imports from South Africa to a new 30% tariff from 1 August. It is the only country from sub-Saharan Africa that Trump […]
U.S. President Donald Trump signed an executive order Monday extending the date on which so-called “reciprocal” tariffs will take effect to August 1. The previous deadline had been July 9. Source: Reuters
Nike says it will raise the prices of some products from 1 June, with the increases hitting everything from shoes to clothing. The sportswear giant says it is making the changes as part of “seasonal planning” and did not mention US President Donald Trump’s tariffs policies that have upended global trade. The firm also says […]
The recent decision by the United States to impose a 10% tariff on exports has sparked alarm within Africa’s economic and diplomatic circles, with growing calls for a unified continental response to what many see as an unfair trade blow. Speaking to JoyNews‘ Emmanuel Dzivenu on the sidelines of the 60th Union of African Journalists training […]
US President Donald Trump is ripping up the rulebook on trade that has been in place for more than 50 years. His latest round of sweeping tariffs, which came into force shortly after midnight on Wednesday, hits goods from some of America’s biggest trading partners, including China and the European Union with dramatic hikes in […]
The US Commerce Secretary has defended the country’s decision to impose tariffs on a group of uninhabited islands, which are populated only by penguins and seals. The imposition of tariffs on the Heard and McDonald islands was meant to close “ridiculous loopholes” and would prevent other countries from shipping through the islands to reach the […]
Deputy Trade Minister, Sampson Ahi, has disclosed that President John Mahama has directed them to do everything within their power to resolve the controversial 10% tariff imposed on Ghana’s exports by U.S. President Donald Trump. Speaking on Joy News’ PM Express on Monday, April 7, the Bodi MP said the President considers the issue a matter of […]
