Tuesday, 25th January 2022
<To guardian.ng
Search

US to raise tariffs on $200 billion of Chinese goods up to 25%

US President Donald Trump said the tariff hike was needed because trade negotiations with China were moving "too slowly." The tariff increases on $200 billion of Chinese goods are set to start by the end of the week.

Related

1 Oct
Traditionally, the hills of eastern Rwanda were a place for growing coffee, sweet potatoes, sugar cane and bananas. But in recent years, new plants have also appeared, such as patchouli, geranium and eucalyptus. Whole villages have begun to transform them into essential oils, helping lift many inhabitants out of poverty. And demand is booming for these wellness products worldwide. Our France 2 colleagues report, with FRANCE 24's Olivia Bizot.
2 Oct
Traditionally, the hills of eastern Rwanda were a place for growing coffee, sweet potatoes, sugar cane and bananas. But in recent years, new plants have also appeared, such as patchouli, geranium and eucalyptus. Whole villages have begun to transform them into essential oils, helping lift many inhabitants out of poverty. And demand is booming for these wellness products worldwide. Our France 2 colleagues report, with FRANCE 24's Olivia Bizot.
8 Oct
Cigarettes in Indonesia are already among the world's cheapest, but in times of economic hardship, a boom in illegal cigarettes is continuing.
7 Oct
In an interview with FRANCE 24, US Trade Representative Katherine Tai insisted the country was not in a new Cold War with China despite lingering tensions over trade. She also stressed that the US was keen to repair ties with France and Europe after a recent Australian submarine dispute, which led to the first-ever recall of a French ambassador to the United States.
12 Oct
Beijing is seeking the elimination of US tariffs, while Washington sees the discussions as a test of bilateral engagement between the two major economic powers.
13 Oct
Less than a year since the EU and UK struck a post-Brexit deal, the sides are apparently preparing for a trade war. Tensions over the Northern Ireland Protocol have pushed things to the brink.
21 Oct
New Zealand Prime Minister Jacinda Ardern announces a comprehensive in-principle free trade agreement with the UK, arrived at after 16 months of talks. London said the deal ends tariffs on British exports such as clothing, footwear, ships and bulldozers. It estimated that trade between the two countries last year was worth £2.3 billion ($3.2 billion, 2.7 billion euros).
6 Nov
The two countries join the ASEAN nations, China, South Korea, and Japan. The pact will cover 30% of the world's population and 53% of last year's exports.
16 Nov
US Secretary of State Anthony Blinken spoke to his Chinese counterpart amid rising international concern over Beijing's recent military incursions into Taiwan's air defense zone.
5 Dec
For years, Vietnamese children and teenagers have been disappearing in Germany. Those responsible are unscrupulous human traffickers whose networks span continents. The young Vietnamese are smuggled into Germany via Russia and Eastern Europe. Many end up in the world of crime, working as slaves for the Vietnamese mafia. This film tells their story. One high-ranking investigator describes the phenomenon as "modern slavery". This is how many children and young people are brought from Vietnam to Germany: They are crammed into vans, loaded into refrigerated trucks, on the road for months, held along the way in abandoned warehouses or apartments. They are beaten, raped, exploited, they fear for their lives. They are lured by the prospect of a better life, as promised to their families by the criminals.
14 Dec
More Afghans facing extreme poverty are turning to opium production as a means of survival. Despite promises to the contrary, the Taliban are unlikely to oppose cultivation of the narcotic cash crop.
1 Jan
Africa's free trade area started a year ago amid much fanfare. But its impact has been low amid the coronavirus pandemic and an economic downturn on the continent.