protectionism

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Business / Economics

South Africa must diversify trade

South Africa’s envoy to the United States, Mcebisi Jonas, says the country must broaden its trade relationships as it faces potential tariff changes and uncertainty over the future of the African Growth and Opportunity Act (AGOA). Jonas made the remarks ahead of an expected announcement by U.S. President Donald Trump on trade policies related to Africa. He said African countries should take the lead in navigating global trade, despite challenges […]

today30 July, 2025

Business / Economics

US inflation hits 3% for first time since June

US President Donald Trump is pressing on with his protectionist agenda, readying reciprocal tariffs on various products from multiple nations, despite fresh inflation data showing prices are still rising in the United States. CPI increased 3% last month compared to a year ago — that's higher than economists predicted, as Benji Hyer reports.  

today13 February, 2025

Business / Economics

Countries react to new Trump tariff proposals

China is accusing Donald Trump of "weaponising trade" after he announced he'll impose 25% tariffs on steel and aluminium entering the United States. The US President also says he's planning "reciprocal tariffs" on any country currently taxing American products. Benji Hyer reports.  

today11 February, 2025