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 …
Read More »Erdogan hails Algeria trade deals on Africa tour
Algiers, Algeria | AFP | Turkish President Recep Tayyip Erdogan welcomed the signing of trade deals with Algeria on Tuesday as he visited the country on the first leg of a tour of Africa. Erdogan said the agreements would allow Ankara and Algiers to diversify trade pending the signing of “an …
Read More »THIS WEEK: Uganda, South Africa in new trade tries deal
Kampala, Uganda | THE INDEPENDENT | Uganda’s trade minister, Amelia Kyambadde and her South African counterpart, Gratitude Bulelani Magwanishe, signed a declaration on Jan 30, 2018, in Pretoria, South Africa recognising the imperative to build a mutually beneficial trade and investment relationship that supports the industrialisation imperatives of the two …
Read More »Tillerson: China, Russia roles in Americas ‘alarming’
Austin, United States | AFP | Secretary of State Rex Tillerson warned Thursday that China and Russia are assuming “alarming” roles in Latin America and urged regional powers to work with the United States instead. “Latin America doesn’t need new imperial powers that seek only to benefit their own people,” Tillerson …
Read More »Uganda and South Africa sign pact to strengthen trade relations, tourism
Kampala, Uganda | GODFREY SSALI | Trade Ministers from Uganda and South Africa have reaffirmed their commitment towards facilitating trade and investment flows between the two countries. The two ministers Amelia Kyambadde, the minister of Trade, Industry and Cooperatives and her counterpart Gratitude Bulelani Magwanishe, the South African Deputy Minister …
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