Shelf of pharmaceutical products. D3sign | Moment | Getty Images President Donald Trump announced Thursday that the U.S. will impose a 100% tariff on “any branded or patented Pharmaceutical Product” entering the country from Oct. 1. The measure will not apply to companies building drug manufacturing plants in the U.S., Trump said. He added that…
India defies US President Donald Trump’s bullying. Will African countries do the same? Are US President Donald Trump’s attempts to bludgeon the world into submission with massive tariffs starting to backfire? This question arose after the cosy meeting between Indian Prime Minister Narendra Modi, Russian President Vladimir Putin and Chinese President Xi Jinping at this…
The author, Business Leadership South Africa CEO Busi Mavuso There is surely no greater sign of the urgent need for reform of the electricity sector than the way Eskom’s electricity tariffs are set. The whole system is far from the way prices should be set – through a competitive market in which firms aim to…
Donald Trump. Image: Gage Skidmore US President Donald Trump on Monday threatened countries that have digital taxes with “subsequent additional tariffs” on their goods if those nations do not remove such legislation. Sources said earlier that the Trump administration was considering imposing sanctions on EU or member state officials responsible for implementing the bloc’s landmark…
Some say Africa should present a unified response to US tariffs – but is that possible? It is hard to discern a continental pattern in United States (US) President Donald Trump’s new ‘reciprocal’ import tariffs imposed on African countries last week. It is also difficult to discern whether a unified response by Africa is possible…
Apple has committed an additional $100 billion to expand its U.S. manufacturing efforts, bringing its total planned investment to a staggering $600 billion over the next four years. This move, announced in response to pressure from President Donald Trump, includes a new American Manufacturing Program aimed at moving more of Apple’s supply chain and advanced…
U.S. President Donald Trump speaks to reporters near Air Force One at the the Lehigh Valley International Airport on August 03, 2025 in Allentown, Pennsylvania. Anna Moneymaker | Getty Images After months of speculation, U.S. President Donald Trump has divulged more of his semiconductor tariff plans, but his latest threats might raise more questions than…
Russia’s President Vladimir Putin bids farewell to India’s Prime Minister Narendra Modi following their meeting at the Kremlin in Moscow, Russia July 9, 2024. Gavriil Grigorov | Via Reuters Russia on Tuesday weighed into the growing spat between India and the U.S., with the Kremlin saying New Delhi is free to choose its own trading…
African countries have gained an extra week to renegotiate trade terms with Washington, with new US tariffs – including steep hikes for South Africa and Algeria – now due to take effect on 7 August. The latest executive order signed by President Trump introduces a flat 15 percent tariff on most African exports to the…
U.S. President Donald Trump points a finger as he delivers remarks in the Roosevelt Room at the White House in Washington, D.C., U.S., July 31, 2025. Kent Nishimura | Reuters U.S. President Donald Trump signed an executive order Thursday that modified “reciprocal” tariffs on dozens of countries, with updated duties ranging from 10% to 41%….
