Investors in the United States stock market saw a massive windfall on Wednesday, raking in gains estimated at $4.8 trillion, following President Donald Trump’s announcement of…
Browsing: US Tariffs
China’s currency, the yuan, slumped on Wednesday to its lowest level against the US dollar in 17 years, as tensions between Washington and Beijing intensified. According…
The naira recorded a slight gain against the dollar in the foreign exchange market, offering a brief relief after days of losses triggered by the tariff…
Madagascar is facing the potential loss of around 60,000 jobs in its vital textile industry following U.S. President Donald Trump’s decision to impose a 47% tariff…
The new tariffs imposed by U.S. President Donald Trump are set to harm South African citrus farms and could potentially affect up to 35,000 jobs, according…
Zimbabwe’s President announced on Saturday that he would lift all tariffs on products imported from the United States, just a few days after US President Donald…
The South African rand weakened in early trading on Wednesday as political tensions over the country’s contested budget persisted, while investors awaited details of U.S. President…
European industry ministers are set to gather in Paris on Thursday to discuss strategies for safeguarding steel production across the continent in response to new US…
On Wednesday, China called for “dialogue” to address trade disputes and stated its “resolute opposition” to US export duties. “China expresses strong dissatisfaction and resolute opposition,”…
Tesla boss Elon Musk expressed his opposition to US tariffs on Chinese electric vehicles (EVs), shortly after President Joe Biden increased tariffs on EVs imported from…