BEIJING, CHINA | Xinhua | Washington has turned tariffs into instruments of coercion — used to extract big money from allies and rivals in exchange for access to the U.S. market. By forcing compliance, showers of ultimatums laid bare Washington’s abuse of threats and coercion as a defining feature of …
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WASHINGTON, the United States | Xinhua | U.S. President Donald Trump on Thursday signed an executive order that further modified tariff rates with 69 trading partners, drawing criticism across the world. The order, set to be implemented on Aug. 7, imposes “additional ad valorem duties on goods of certain trading …
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NEW YORK | Xinhua | U.S. President Donald Trump sent letters to the leaders of eight countries Wednesday, notifying them that tariffs ranging from 20 percent to 50 percent will be charged on goods imported from these countries starting Aug. 1. Trump first posted letters to seven countries — the …
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NEW YORK | Xinhua | U.S. President Donald Trump said Monday on social media that 25-percent tariffs will be imposed on imports from Japan and the Republic of Korea (ROK), respectively, beginning Aug. 1. In his letters addressed to the leaders of the two countries, Trump said the new tariffs …
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BEIJING, CHINA | Xinhua | The U.S. Senate narrowly passed President Donald Trump’s “One Big Beautiful Bill Act” Wednesday in a 51-50 vote. Though touted as delivering broad prosperity, the sweeping tax and spending package disproportionately benefits the wealthiest Americans. At the heart of the bill is an unprecedented series …
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LONDON, UK | Xinhua | Americans are planning to spend less money this summer due to the impact of U.S. President Donald Trump’s trade tariffs, The Independent has said, citing polling, surveys and media reports. In a survey by personal finance company WalletHub, 45 percent of respondents said tariffs are …
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It is worth remembering that Trump’s early attacks on the Fed’s independence already backfired. US stocks sank, bond yields spiked, and Trump stopped threatening to fire Fed Chair Jerome Powell. COMMENT | NOURIEL ROUBINI | Since US President Donald Trump’s election last year, I have argued that at least some of his policies …
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NEW YORK | Xinhua | A day after the U.S. Court of International Trade invalidated U.S. President Donald Trump’s reciprocal tariffs and other duties, a federal appeals court on Thursday granted the Trump administration’s request to temporarily pause the trade court’s ruling. The judgment issued Wednesday by the international trade …
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Abidjan, Ivory Coast | THE INDEPENDENT | As the United States imposes higher tariffs with global ramifications, African Development Bank Group (AFDB) President Dr. Akinwumi Adesina has warned that these measures could trigger significant economic disruptions across Africa, affecting numerous nations and accelerating a strategic shift in global partnerships. …
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MEXICO CITY | Xinhua | The Mexican cattle industry is losing about 11.4 million U.S. dollars each day due to the U.S. government’s suspension of live cattle imports from the country, authorities said Monday. The temporary ban, which Washington said was because of a review of joint efforts to control …
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The Independent Uganda: You get the Truth we Pay the Price
