ANCHORAGE, the United States | Xinhua | U.S. President Donald Trump and Russian President Vladimir Putin on Friday wrapped up a high-stakes meeting in Anchorage, the U.S. state of Alaska, with progress made but no deal reached. The meeting, held at Joint Base Elmendorf-Richardson in the city, marked the first visit …
Read More »Tariffs start to bite as U.S. consumer prices hike
WASHINGTON, the United States | Xinhua | U.S. President Donald Trump’s tariff stick has pushed up levies on foreign goods to the highest levels in nine decades, imposing heavier costs on American households and businesses. The new customs duties, which took effect in early August, now apply to almost every …
Read More »South Africa to offer revised trade proposal to U.S. after tariff hike
JOHANNESBURG, South Africa | Xinhua | South Africa will submit a revised trade proposal to the United States to reduce the newly imposed 30 percent tariff and seek alternative export markets to offset the impact, a government official said Tuesday. Speaking at a media briefing in Pretoria, South Africa’s administrative …
Read More »U.S. should look at its own problems instead of blaming China
BEIJING, CHINA | Xinhua | Recent remarks by U.S. officials accusing China of “flooding” global markets with exports and calling for a “rebalancing” of its economy are merely recycled arguments long used against China. These claims disregard the profound changes taking place as China advances toward high-quality and sustainable economic …
Read More »Ugandan indicted by U.S for conspiracy to supply weapons to Mexican drug cartels
Kampala, Uganda | THE INDEPENDENT | A Ugandan National, Michael Katungi Mpeirwe, has been indicted in the US for conspiracy to supply military-grade weaponry to Mexican drug cartels. According to the United States Justice Department, Katungi is a Ugandan national with connections to the government who works with ASUMO in acquiring …
Read More »Toyota cuts fiscal 2025 net profit forecast due to U.S. tariff
TOKYO, JAPAN | Xinhua | Toyota Motor Corp. on Thursday revised its net profit forecast for the current fiscal year ending March 2026 downwards to 2.66 trillion yen (about 18 billion U.S. dollars) due to higher U.S. auto tariffs. The full-year net profit estimate marked a 44.2 percent drop from …
Read More »Analysts criticize U.S. tariff hikes for undermining global trade order
BEIJING, CHINA | Xinhua | The U.S. modified tariffs with dozens of its trading partners are set to take effect on Thursday, amid widespread concern across the globe that the new rates of levies, ranging from 10 percent to 40 percent, will harm the global trade order. Many political leaders …
Read More »U.S. abuse of tariffs has already backfired
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 …
Read More »Rwanda agrees to receive up to 250 migrants under new deal with U.S.
KIGALI, RWANDA | Xinhua | Rwanda has reached an agreement with the United States to receive up to 250 migrants, reaffirming its long-standing commitment to supporting displaced populations and promoting reintegration, a government official said Tuesday. “Nearly every Rwandan family has experienced the hardships of displacement, and our societal values …
Read More »Why is the U.S. quitting UNESCO again?
HOUSTON, the United States | Xinhua | The Trump administration said Tuesday that the United States will exit the United Nations Educational, Scientific and Cultural Organization (UNESCO) by the end of 2026, the latest move in U.S. President Donald Trump’s ongoing efforts to cut off U.S. ties with multilateral organizations …
Read More »
The Independent Uganda: You get the Truth we Pay the Price