Paris, France | AFP | The head of the International Monetary Fund warned Wednesday that a trade war US President Donald Trump apparently intends to provoke with tariffs on steel and aluminium would snuff out global growth. “If international trade is called into question by these types of measures, it …
Read More »Trump vows Mexico, Canada steel tariffs without ‘fair’ NAFTA deal
Washington, United States | AFP | US President Donald Trump vowed Monday not to exempt Mexico and Canada from new steel tariffs without a “fair” trade deal, but his chief negotiator warned the trio’s talks were not living up to expectations. Speaking as US, Mexican and Canadian trade officials gathered …
Read More »Mpondwe export zone to boost trade between Uganda and DR Congo
USD9.4m Trade infrastructure at Mpondwe border to boost Uganda’s exports to DR Congo Kampala, Uganda | GODFREY SSALI | The Democratic Republic of Congo is one of Uganda’s export destinations ranking number three within the COMESA region. Uganda’s exports to DR Congo are valued at USD177m and these are mainly …
Read More »COMESA to boost regional seed trade
Kampala, Uganda | THE INDEPENDENT | The Common Market for Eastern and Southern Africa, is set to introduce the use and distribution of seed labels and certificates as a way of improving access to quality seeds in the region. This is because more than 130 million people in the region …
Read More »Trump signals controversial tariffs will go forward
Washington, United States | AFP | US President Donald Trump on Sunday signaled his intent to move forward with controversial tariffs on steel and aluminum imports that have sparked fears of a trade war. “We are on the losing side of almost all trade deals. Our friends and enemies have …
Read More »China says to ‘take necessary measures’ if US harms trade
Beijing, China | AFP | China will “take necessary measures” if the United States harms the country’s economic interests, a Chinese official said Sunday, as President Donald Trump plans to impose tariffs on steel and aluminium. “China doesn’t want a trade war with the United States,” Zhang Yesui, spokesman for …
Read More »Trump tariffs have world traders steeling for conflict
Paris, France | AFP | By opting to place heavy tariffs on imports of steel and aluminium, US President Donald Trump is on the surface hoping to protect jobs at home. Yet his policy threatens not only to frustrate trade partners but also cost US workers dear, many analysts as …
Read More »Trump tariffs fuel sell-off in steel and aluminium firms
Hong Kong, China | AFP | Steel and aluminium producers across Asia sank Friday on news of Donald Trump’s controversial tariffs, though some analysts said the long-term effects on the sector might not be as bad as thought. The president said Thursday he would slap levies of 25 percent on …
Read More »Former British PM John Major suggests new Brexit vote
Londres, United Kingdom | AFP | Former prime minister John Major suggested Wednesday that Britons should be given the chance to vote again on Brexit, warning they were “misled” about its consequences. He said UK lawmakers should have the option of calling a second referendum on EU membership when they …
Read More »Five women from Karamoja charged with illegal trade on Kampala’s City streets
Kampala, Uganda | GODFREY SSALI | A group of five women from Karamoja have been charged before Kampala’s City Hall Court with trading in the City, without a valid licence. The five who were carrying breast feeding babies were produced before Grade one Magistrate Patrick Tarisuna. Two of them pleaded …
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