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Tag Archives: trade

China plans new tariffs on $75 bn of US imports

Beijing, China | AFP | China announced Friday it will hit US soybeans, lobsters, peanut butter and other imports worth $75 billion with new tariffs in retaliation for Washington’s planned duty hikes, further intensifying the bruising trade war between the world’s top two economies. The punitive tariffs of 5 to …

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Govt rejects proposal to export Sugarcane to Kenya

  Kampala, Uganda | THE INDEPENDENT | Government is opposed to the proposal to export unprocessed raw materials such as sugar cane. The Trade, Industry and Cooperatives Minister Amelia Kyambadde stated this while presenting a statement to parliament on the issue of excess sugar cane in Busoga sub-region. Kyambadde told …

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Roscongress, Afreximbank and REC sign agreement to promote trade

Moscow, Russia | Isaac Khisa | As part of the Russia–Africa Economic Conference in Moscow, Russia, the Roscongress Foundation, African Export-Import Bank (Afreximbank), and the Russian Export Center (REC) on June.21 signed an agreement to cooperate on establishing effective communication between expert communities and business circles in the Russian Federation and …

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RWANDA-UGANDA: When two elephants fight

Feud between Rwanda, Uganda strongmen takes toll Katuna, Uganda | AFP | The people living on either side of the Ugandan-Rwandan border at Katuna never much considered the boundary: children crossed for school, workers moved freely and trade thrived. That harmony evaporated in February when Rwanda abruptly closed the crossing, …

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