global trade tensions.

S.A Reserve Bank Governor Warns of Inflation Risks

South African Reserve Bank Governor, Lesetja Kganyago, has warned that global trade tensions and a potential value-added tax hike could derail two years of slowing inflation. Last week the national budget speech was postponed, after a last-minute disagreement within the government of national unity, about a proposal to hike value-added tax by two-percent. Speaking to CNBC Africa on the sidelines of a meeting of G20 finance officials in Cape Town, […]

February 26, 2025 34

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.

February 7, 2025 31

World

Trump Says He Could Hit China With 10% Tariff From Next Month

U.S President Donald Trump said his threat to hit China with 10% tariffs on all imports was still on the table and indicated it could come as soon as next month. Meanwhile, Chinese Vice Premier Ding Xuexiang told the annual World Economic Forum in Davos, Switzerland, that China would expand its imports, saying the country did not seek a "trade surplus." Laura Westbrook has more.

January 22, 2025 27