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Tag Archives: trade

Trump to announce China trade sanctions on Thursday

Washington, United States | AFP | President Donald Trump is poised to unveil sanctions against China Thursday for the “theft” of US intellectual property, a White House official said, teeing up a second potential confrontation in as many months. Spokesman Raj Shah told AFP that Trump will announce actions following …

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US restricts trade with South Sudanese oil firms

Washington, United States | AFP |The United States imposed restrictions Wednesday on exports of US technical support to the South Sudanese oil industry, warning that it is fuelling the bloody civil war there. State Department spokeswoman Heather Nauert said exporters will henceforth need a license to export, re-export or transfer …

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Uganda to review Africa Free Trade Area pact

Kampala, Uganda | THE INDEPENDENT & AFP | Uganda has sent a strong delegation to Kigali where African leaders will formally launch the African Continental Free Trade Area Treaty on Wednesday, but the country is reconsidering its full involvement in the pact as it is. Uganda, in many ways like …

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AU launches ambitious bid for world’s largest free trade area

Addis Ababa, Ethiopia | AFP | Africa’s leaders will gather in Rwanda Wednesday to launch what they say will be the world’s largest free trade area but Nigeria has already pulled out, highlighting the challenge in getting the continent to sign up. Establishing the African Continental Free Trade Area (CFTA) with …

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IMF chief warns ‘no winners’ in trade wars

Buenos Aires, Argentina | AFP | International Monetary Fund chief Christine Lagarde cautioned the United States against putting up barriers to trade in an interview published Sunday. “Trade wars leave no winners,” she said in the interview with Argentine daily La Nacion, responding to a question about President Donald Trump’s …

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TMEA to scale up women and trade programme

Kampala, Uganda | THE INDEPENDENT | TradeMark East Africa plans to scale up its women and trade programme to reach over 300,000 beneficiaries in the region in the next five years, according to the organization’s CEO, Frank Matsaert. Speaking during the recently concluded Trade and Development Forum in Kampala, Matsaert said …

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