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New tariffs snap into effect, raising import taxes to highest level since Great Depression
  • World News

New tariffs snap into effect, raising import taxes to highest level since Great Depression

eriinfo.com3 weeks ago012 mins

After months of delays and extensions, President Donald Trump’s comprehensive and sweeping tariffs slate took effect Thursday just after midnight ET, shifting his global trade reset into high gear. Most imports into the United States will now face a baseline 10% duty, with the overall average effective tariff rate rising to more than 17% —…

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Africa: Trump Administration Dials Back on Trade Tariffs, But 30% Import Charges Loom for Some
  • Africa

Africa: Trump Administration Dials Back on Trade Tariffs, But 30% Import Charges Loom for Some

eriinfo.com3 weeks ago04 mins

Cape Town — The U.S. administration eased its proposed tariffs on trade with several African countries, but charges of up to 30% will kick in on imports from four countries in the coming days. The biggest beneficiary of the Trump administration’s rethink of its policy since its initial announcement of new tariffs in April is…

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Africa: Trump Administration Dials Back on Trade Tariffs, But 30% Import Charges Loom for Some
  • Africa

Africa: Dangote Fertiliser’s Plant Expansion to Curb Africa’s 6m Tonnes Annual Import

eriinfo.com2 months ago03 mins

Dangote group is set to expand its $2.5 billion fertiliser plant located in Lagos, which will make Africa self-sufficient in fertiliser supplies and significantly reduce import costs. Aliko Dangote said on Friday that the planned production capacity would boost supply needs of the continent in the next 40 months. If the plan is successfully completed…

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  • Hong Kong stocks rise over 2%, nearing 4-year peak, led by tech rally
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  • France summons US envoy Charles Kushner over antisemitism claims
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