The Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, has said that Africa will be minimally affected by the tariffs recently imposed by the United States of America under President Donald Trump’s trade policy direction.
President Donald Trump has expressed optimism about finalizing trade agreements with U.S. partners seeking lower tariffs, stating that negotiations could conclude within the next three to four weeks.
China has issued a strong warning, declaring it would retaliate against any country that aligns with U.S. efforts to isolate Beijing, as the trade war between the two global economic superpowers deepens and begins to drag in other nations, CNBC reports.
Nigeria may face heightened trade barriers and increased tariffs on exports to the United States, according to a recent report by Strategy&, the strategy consulting arm of PricewaterhouseCoopers (PwC).
The ongoing tariff war initiated by U.S. President Donald Trump against countries such as Canada, China, Mexico, and the European Union offers valuable lessons for African leaders, according to Tunji Andrew, CEO of Awabah.
The European Union has announced retaliatory trade measures against the United States, imposing tariffs on a range of industrial and agricultural products in response to the latest round of U.S. duties on steel and aluminum imports.
U.S. President Donald Trump has announced plans to introduce a 25% tariff on automobile imports, along with similar duties on semiconductors and pharmaceuticals.
In this episode of MoneyBrief with Ugodre, we break down what Donald Trump’s proposed tariffs could mean for...
Be careful what you say, otherwise we will ban you from ever entering the United States from generation to generation, and even your children who are living in the United States will be deported or sent to Guantanamo Bay, Gitmo, for life.
Global oil prices jumped up on Monday following the imposition of tariffs by U.S. President Donald Trump on Canada, Mexico, and China, as the move sparked concerns over potential disruptions in crude supply from the two U.S. neighbours who are its largest oil suppliers.
Canada's Prime Minister, Justin Trudeau, has announced a retaliatory measure against President Donald Trump's new tariffs by imposing 25% levies on a range of U.S. imports.
Two weeks after Nigeria became a partner country, US President Donald Trump has reiterated his threat to impose 100% tariffs on BRICS nations' exports if they attempt to replace the US dollar as the dominant currency in international trade.