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 Trump to announce 25% steel and aluminium tariffs Donald Trump says he'll announce a new 25% tariff on steel and aluminium imports on Monday. It comes as the US president ramps up his threats to impose duties on multiple countries as a way to reduce the US trade deficit. Nick Harper reports from Washington. today10 February, 2025
insert_link Business / Economics Trump Says Canada and Mexico’s actions “not good enough” to avoid tariffs US President Donald Trump says Canada and Mexico need to do more if they're to avoid the start of 25% tariffs in a few weeks. He made the comments during a Fox News interview, as well as reiterating his plan to make Canada the US' 51st state. Nick Harper reports on what the president had to say about Washington's northerly neighbor. 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 30 January-6 February 2025 Weekly Economics Wrap: Tourism, Telecommunications, and Global Economic Trends The local hospitality industry in Namibia is undergoing a significant shift as several major hotels transition from fixed rates to dynamic pricing. This move, influenced by international trends and increasing operational costs, has raised concerns about the impact on domestic tourism, already facing economic challenges. A recent survey by The Brief revealed that fluctuating rates could affect local tourism, making it difficult for many Namibians to access affordable accommodations. This […] today6 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 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
insert_link Business / Economics 03 February 2025 Biz News Update 1. Dynamic Pricing and Domestic Tourism Concerns The shift in Namibia's hospitality industry from traditional fixed rates to dynamic pricing has raised concerns about the future of domestic tourism, already burdened by economic pressures. According to a recent survey by The Brief, a number of the country's major hotels have adopted fluctuating rates, driven by international trends and increasing operational costs. This new approach could impact local tourism as […] today3 February, 2025