Tag Archives: tariff

BEIJING, CHINA | Xinhua | China has taken swift, firm countermeasures following the latest U.S. tariff hike on Chinese imports, in a move to safeguard its legitimate rights and interests. The Chinese government on Wednesday announced that it will raise additional tariffs on products imported from the United States to …

BEIJING, CHINA | Xinhua | Thanks to the United States, “tariff” has become one of the top buzzwords in international politics. In rapid succession, the White House has announced 25 percent tariffs on all imported steel and aluminum, slapped additional tariffs on Chinese imports and threatened reciprocal tariffs against all …

The report finds African governments impose average export tariffs of more than 13% on finished consumer goods, compared to under 4% for primary goods  ANALYSIS | JOHN BASQUILL |   Tariff structures in developing markets are holding back efforts to add value domestically and export finished goods, limiting firms’ access …

LONDON, UK | Xinhua | Ever since U.S. President Donald Trump walked into the Oval Office in late January, the term “tariff” has been tossed around like an American football, targeting key U.S. trading partners such as Canada, Mexico, Europe and China. Trump’s erratic tariff threats have created a climate …

Moscow, Russia | XINHUA | Russian President Vladimir Putin on Monday signed a law that authorizes the government to temporarily reduce or fully eliminate export duties of certain goods to “friendly countries.” The law will empower the Russian government to lower export duties on shipments to friendly countries for a period …

Kampala, Uganda | Xinhua | Ninety eight percent of Ugandan goods will, starting Dec. 1, access the Chinese market at zero tariff, officials said here Friday. Speaking at the public unveiling of the Special Preferential Tariff Treatment of Ugandan Exports to China, Zhang Lizhong, Chinese Ambassador to Uganda, said the expansion follows …

Government hopes new dams will drive tariffs downwards Kampala, Uganda | JULIUS BUSINGE | Electricity consumers grappling with surging energy bills have at least got some relief as the industry regulator reduces tariffs for the next three months. But they are not overall better off, compared with four years ago. The …

Paris, France | AFP | By opting to place heavy tariffs on imports of steel and aluminium, US President Donald Trump is on the surface hoping to protect jobs at home. Yet his policy threatens not only to frustrate trade partners but also cost US workers dear, many analysts as …

Hong Kong, China | AFP | Steel and aluminium producers across Asia sank Friday on news of Donald Trump’s controversial tariffs, though some analysts said the long-term effects on the sector might not be as bad as thought. The president said Thursday he would slap levies of 25 percent on …

Frankfurt am Main, Germany | AFP |  The United States’ new hostility to free trade deals under President Donald Trump is benefiting the European Union, the bloc’s top trade official said Tuesday. After Trump’s withdrawal from the Trans-Pacific Partnership trade deal in late January, “many countries are now turning to …