insert_link Business / Economics China imposes retaliatory tariffs on $14bn worth of US goods China has imposed retaliatory tariffs on the US, hitting about $14bn worth of goods and dashing hopes that a trade war between the world's two largest economies could be avoided. Beijing announced the tariffs last week in response to a US decision to impose an additional 10 per cent levy on Chinese products. Laura Westbrook has more. today10 February, 2025
insert_link World China says will protect its own interests in face of U.S. ‘bullying’ China says will protect its own interests in face of U.S. 'bullying', signalling a change in tone following the Trump administration's imposition of a new 10% tariff on Chinese goods. China's commerce ministry says the new tariffs will exacerbate global trade tensions. Laura Westbrook has more from Hong Kong. today7 February, 2025
insert_link Business / Economics Solidarity Warns SA Could Lose AGOA Trade Benefits Trade union Solidarity says South Africa risks losing its African Growth and Opportunities Act trade benefits with the United States due to poor diplomatic relations. The union blames the government’s ties with China, Russia, and Iran, along with policies like the Expropriation Act, for straining US relations. Solidarity’s Jaco Kleynhans vows to continue lobbying for AGOA’s renewal this year to safeguard over 500-thousand jobs: today5 February, 2025
insert_link South Africa Risk Analysis Centre Warns of Possible US Sanctions on SA Officials The Centre for Risk Analysis has cautioned that South African officials involved in shaping policies on Iran, China, Russia, and Israel could face targeted sanctions from the United States. The organization notes that officials directly linked to corruption are particularly vulnerable. According to the centre, South Africa’s renewed legal action against Israel further increases the likelihood of sanctions. Analyst Chris Hattingh warns that Washington may impose measures as a signal […] today5 February, 2025
insert_link Business / Economics China says it might be forced to take countermeasures against imposed tariffs China's Ambassador to the United Nations says there are "no winners in a trade war". Fu Cong was addressing US president Donald Trump's announcement that he is placing a 10 percent tariff on all imports from China. Speaking in New York on Monday, Cong said if the impasse is not resolved his country may be forced to take countermeasures. today4 February, 2025
insert_link Business / Economics US & Mexico strike deal to pause tariffs The US and Mexico have struck a deal to delay Washington imposing 25% tariffs on Mexican goods. It follows a phone call between the two leaders. Tariffs on Canadian and Chinese goods are still due to come into effect on Tuesday. Nick Harper reports from Washington. today4 February, 2025
insert_link Business / Economics Mexico, Canada, and China have announced retaliatory tariffs against the US Mexico, Canada, and China have announced retaliatory tariffs against the US. This comes after president Donald Trump said a tax of 25-percent on Canadian and Mexican imports and an additional ten-percent tax on Chinese goods will come into force on Tuesday. Canada and Mexico have both announced retaliatory tariffs of 25-percent on US goods. China says it will file a lawsuit with the World Trade Organisation. Canadian prime minister […] today3 February, 2025
insert_link Business / Economics White House confirms China, Canada, Mexico tariffs The White House has confirmed fresh tariffs will come into effect this past Saturday against China, Canada and Mexico. That's despite concerns the move will push up prices for US consumers. Press Secretary Karoline Leavitt spoke about the decision to push ahead with the import duties at Friday's press briefing. In news just in...The Canadian Department of Finance has released a list of U.S. products that will be subject […] today3 February, 2025
insert_link World Trump acknowledges tariffs may bring “pain” to Americans US President Donald Trump has defended his decision to impose sweeping tariffs on the United States' top three trading partners, even as he acknowledged there may be "some pain" for Americans. Posting on his Truth Social platform he hit back at criticism arguing the action was warranted against China, Canada and Mexico. Kate Fisher reports from Washington. today3 February, 2025