Business

EU scraps tariffs on US goods to rescue the world

Harrison Mason August 29, 2025

European Union The European Commission proposed on Thursday removing duties on imported U.S. industrial goods in return for reduced U.S. tariffs on European cars, a key part of the trade agreement the EU and the United States struck last month. The proposals mark the EU’s first step in

Business

Trump threatens 200% tariff hike for China

Oakley Mason August 27, 2025

USA The US president threatened Beijing with a steep tariff increase if the country did not supply rare-earth magnets, which are crucial for a range of products, such as smartphones and electric vehicles, to Washington. Another tariff threat from Washington: US president Donald Trump told journalists on Monday that China could face 200% tariffs if […]

Business

South Africa and Trump deepens talks on tariffs

Eric Jabulani August 7, 2025

South Africa President Cyril Ramaphosa of South Africa held a telephone conversation with U.S. President Donald Trump on August 6, 2025, focusing on bilateral trade issues and ongoing negotiations. Despite recent setbacks over high tariffs, both leaders committed to continuing discussions through their trade teams. The call comes against the backdrop of a 30% U.S.

News Politics

Trumps tariff could put 30,000 jobs at risk says South African official

Andrew Mbeki August 4, 2025

South Africa South Africa’s trade and industry minister on Monday said that the 30 per cent reciprocal tariffs imposed by the United States could put tens of thousands of jobs at risk. “We’ve based this on the ongoing consultations that we have with all the sectors of the economy, from automotive, agriculture and all the […]

Business News

South Africa dialogues with Trump over Tariff

Andrew Mbeki August 3, 2025

South Africa South African President Cyril Ramaphosa on Friday pledged to pursue all diplomatic efforts to safeguard national interests, as a 30-percent tariff imposed by the United States is set to take effect. According to a statement released by the presidency, South Africa will continue to negotiate with the United States regarding the 30 percent […]

News

USA insists on tariff hike on specific trade partners

Oakley Mason August 1, 2025

USA President Donald Trump signed a sweeping executive order Thursday imposing new tariffs on multiple U.S. trading partners, set to take effect in seven days. The move, part of his aggressive “America First” trade agenda, raises economic tensions just as global markets face mounting uncertainty. The order includes a tariff hike on Canadian goods from […]

News

Trump leaves coffee producers in the dark

Oakley Mason July 21, 2025

USA In the north of Brazil’s Rio de Janeiro state, expectations for this year’s coffee harvest are clouded by uncertainty, after President Donald Trump announced a 50% tariff on Brazilian imports to the United States.  For small producers in the region, the tariffs news hit like a bombshell. “We had high expectations until about a […]