Trump tariffs

07 March Biz News: Markets, Earnings, Oil Deals & Trade Policy Shifts

Local Stock Market Update As of yesterday, the local stock market's free float market capitalization stands at N$16.71 billion, with 638,974 shares traded, amounting to N$16.41 million in value across 11 deals. For the month to date, 1,364,598 shares have been traded, totaling N$47.09 million, with 31 deals recorded. FirstRand Ltd Sees 10% Earnings Growth According to CNBC Africa, South Africa’s FirstRand Ltd reported a 10% rise in first-half […]

7 March, 2025 16

Business / Economics

Trump Confirms US Tariffs on Canada, Mexico, and China Will Proceed

After weeks of speculation, U.S. President Donald Trump has announced that 25% tariffs will be imposed on imports from Canada and Mexico, plus another 10% on China, effective Tuesday, U.S. time. US markets reacted to the news with the S&P 500 marking its worst day since December, while the Dow Jones dropped more than 600 points. Mitch McCann reports:

4 March, 2025 49

Business / Economics

Trump to add lumber to tariffs list

US President Donald Trump says he'll add lumber to the list of goods facing new tariffs. The move is expected to hurt neighbors Canada and Mexico particularly hard. Nick Harper reports from Washington.

21 February, 2025 52