Containers sit at the Port of Los Angeles, in San Pedro, California, U.S., July 8, 2025. Daniel Cole | Reuters U.S. President Donald Trump announced Tuesday that copper and pharmaceutical imports will face tariffs of 50% and as high as 200%, respectively. Following the news, the S&P 500, which hit multiple record closes last week,…
Nigeria accounts for the largest volume of detected pangolin scales illegally traded from Africa. Between 2010 and 2021, 190,000kg of scales – representing nearly 800,000 African pangolins – were seized in shipments linked to Nigeria, despite a ban on international trade. Pangolins are scaly mammals found across Asia and Africa. They are considered the world’s…
Commerce Secretary Howard Lutnick said Wednesday that U.S. tariff levels on Chinese imports will not change from their current levels, even as a trade deal between Washington and Beijing has yet to be finalized. Asked on CNBC’s “Money Movers” if the current U.S. tariffs on China are not going to change again, Lutnick replied, “You…
