President Donald Trump said he would increase tariffs charged to the European Union for cars and trucks to 25%, without saying what authority he would use to raise the levies. “Based on the fact the European Union is not complying with our fully agreed to Trade Deal, next week I will be increasing Tariffs charged…
US president says EU ‘not complying’ with current trade deal; launches latest tariffs amid global economic uncertainty. Published On 1 May 20261 May 2026 United States President Donald Trump has said he will increase tariffs on automobiles from the European Union to 25 per cent. The announcement on Friday could jolt the world economy at a…
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest growing large economy. Just as India’s textile industry was beginning to stabilize after U.S. tariffs, it received another blow. Industry leaders tell me the Iran…
China’s decision to open its market to 53 African countries with zero tariffs starting in May 2026 is not just another trade announcement. It is a statement of intent. At a time when global trade is increasingly shaped by rivalry, protectionism and shifting alliances, Beijing is signalling that Africa remains central to its economic diplomacy….
AGOA was designed to give investors predictability – yet its benefits are now threatened by the turmoil of shifting US trade rules. Like most of the world, Africa is perplexed by the rollercoaster ride of shifting United States (US) trade policy. That is particularly true of the changes to AGOA – the African Growth and…
Lunga Siyo Telkom will increase tariffs across its mobile and fixed-line portfolios from 1 April 2026, citing rising operational costs, inflationary pressures and the need to continue investing in network infrastructure. The increases, which apply to both new and existing customers regardless of contract status, affect post-paid mobile voice plans, selected LTE and prepaid offerings,…
The African Growth and Opportunity Act (Agoa) was introduced in 2000 as the cornerstone of US development-oriented trade policy towards sub-Saharan Africa. It was designed to grant eligible countries duty-free access to the US market. In February 2026, President Donald Trump signed a one-year extension after the programme lapsed in September 2025. Yet the programme’s…
European stocks are expected to open flat to lower on Thursday ahead of a raft of earnings reports from the region.
The Portuguese cargo ship MSC Maxine is pictured at the Port of Balboa at the entrance to the Panama Canal in Panama City on April 23, 2025. The Port of Balboa is managed by CK Hutchison Holdings, based in Hong Kong. Martin Bernetti | Afp | Getty Images The U.K., the European Union and Singapore…
U.S. President Donald Trump speaks during a press briefing held at the White House February 20, 2026 in Washington, DC. Kevin Dietsch | Getty Images News | Getty Images President Donald Trump on Saturday said he would increase global tariffs to 15% from 10%, one day after the Supreme Court struck down a broad swath of the…
