Tag Archives: tariffs

  Africa must position itself to turn China’s tariff-free trade opportunity into real gains   COMMENT | JANE NALUNGA | On 1 May 2026, China–Africa trade relations entered a significant new phase as commitments under the Forum on China–Africa Cooperation (FOCAC) took effect. These measures extend zero-tariff treatment to nearly 9,000 …

  Workers work at the agricultural factory Fisher Global in the Rwamagana Industrial Park, Eastern Province, Rwanda, April 14, 2026. (Xinhua/Ju Yinhe)     BEIJING | Xinhua | In the rolling, lush fields of Ibiza Village in Kayonza District, eastern Rwanda, farmers are busy cultivating red chili peppers. Growing demand …

JOHANNESBURG |  Xinhua |  China’s decision to grant zero-tariff treatment to products from 53 African countries is expected to bolster African economies’ confidence and strengthen global trade stability, an industry leader has said. “China’s zero-tariff treatment can be a very constructive component of Africa’s trade toolbox, supporting resilience in uncertain …

  COMMENT | Yang Dingdu & Li Zhuoqun – Xinhua | China’s announcement of zero-tariff treatment starting May 1 for all the 53 African countries with which it maintains diplomatic ties reaffirms its consistent commitment to opening its vast market to Global South partners. As Chinese President Xi Jinping has …

LONDON, UK | Xinhua | The United States began enforcing a new round of global tariffs Tuesday, imposing a 10 percent levy on most imports to replace broad duties recently struck down by the Supreme Court. The Trump administration has also indicated plans to raise the rate to 15 percent. …

From trade tensions and high debt burdens to fears of an AI stocks bubble, the global economy will face an array of risks that could dampen growth in the new year ANALYSIS | AGENCIES | The global economy weathered a whirlwind of challenges in 2025, including sharp trade tensions, uneven yet moderate …

NEW YORK | Xinhua |  China remains our “most irreplaceable customer,” said Jim Sutter, chief executive officer of the U.S. Soybean Export Council (USSEC). “We have been in China since 1982. Over the past 43 years, we’ve invested in relationship-building, training and cooperation with the Chinese industry to create mutual …

NEW YORK, the United States | Xinhua | For many Americans, the day doesn’t begin without a cup of coffee. But a new round of tariffs on coffee imports may soon make that daily ritual cost more. Coffee prices in the United States jumped 14.5 percent in July from a …

WASHINGTON, the United States | Xinhua | America’s gross federal debt has surged past 37 trillion U.S. dollars, a milestone reached earlier this month and five years sooner than pre-pandemic forecasts. Washington is now adding roughly 1 trillion dollars every five months, swelling a debt snowball that already costs nearly …

  COMMENT | DANI RODRIK | America’s critics have always depicted it as a selfish country that throws its weight around with little regard for others’ well-being. But President Donald Trump’s trade policies have been so misguided, erratic, and self-defeating as to make even the most cartoonish of such descriptions seem …