Tag Archives: tariffs

Washington, U.S. | Xinhua | Americans for Free Trade, a coalition of more than 150 industry associations that are united in the fight against tariffs, on Tuesday urged the Biden administration to end the “misguided trade war” initiated by the previous administration as tariffs continue to hurt American businesses across the …

Tariffs have harmed American jobs, American consumers, American companies and the country’s global competitiveness Washington, U.S. | Xinhua | The U.S. business groups have urged the Biden administration to remove punitive tariffs on U.S. imports imposed by the previous administration, as tariffs continue to hit American businesses and consumers while pushing …

Kampala, Uganda | THE INDEPENDENT | Ugandans are expected to pay a little lower for electricity consumption next year following approval of the new end-user tariffs. The base tariffs have been reduced by an average 0.4 percent, with the big consumers mainly industries, benefitting more from this adjustment. Domestic or household …

Addis Ababa, Ethiopia | XINHUA | The industrialization and trade potential of the African Continental Free Trade Area (AfCFTA) agreement cannot be realized without adequate quality infrastructure systems, a new report by the United Nations and the African Union (AU) report said. The newly published report, entitled “Identifying Priority Products …

Nairobi, Kenya | XINHUA | The African Continental Free Trade Area (AfCFTA) could boost the continent’s income by 450 billion U.S. dollars if fully implemented, says a World Bank report released on Monday evening. According to the report, the pan African trade pact would significantly boost continental trade, particularly intraregional …

Kampala, Uganda | THE INDEPENDENT | Ugandans will not see the relief on the money they pay for electricity as Electricity Regulatory Authority (ERA), the industry regulator has decided not to change the tariff for the period to the end of September 2020. ERA announced today that between July and …

Washington, United States | AFP |  US President Donald Trump on Thursday threatened China with fresh tariffs as he stepped up his attacks on Beijing over the coronavirus crisis, saying he had seen evidence linking a Wuhan lab to the contagion. The diatribe from the Republican incumbent came as data showed …

Kampala, Uganda | THE INDEPENDENT | Beneficiaries of the rural electrification project in Kalungu district are protesting the high tariffs charged. They argue that it is inappropriate to charge high tariffs to rural communities and could affect the consumption. Ten parishes in Kalungu district were connected to the power grid …

Davos, Switzerland | AFP | US President Donald Trump relaunched a major trade offensive against Europe on Wednesday, threatening to hit the EU with damaging auto tariffs if Europeans failed to agree a long-delayed trade deal. With observers warning that global harmony on trade was crucial to the health of the …

Beijing, China | AFP | China’s economy showed further signs of strain on Thursday with data showing a sharp slowdown in consumer spending and factory production, while investment growth hit a record low as the trade war with the US takes its toll. The readings are the latest to give a …