Muhamad Yehia .. Cairo In response to a worldwide market crisis, President Donald Trump announced on Wednesday that he would temporarily suspend tariffs on most countries for a period of 90 days, while simultaneously increasing the tax rate on Chinese imports to 125%. Treasury Secretary Scott Bessent explained that Trump …
Read More »Daily Archives: 10 April، 2025
US tariffs threaten South African industries, undermine livelihoods
Muhamad Yehia .. Cairo The South African business community is up in arms over the United States’ latest tariff policy, which they say are putting thousands of jobs at risk and disrupting the livelihoods of ordinary citizens. Last Wednesday, U.S. President Donald Trump announced a set of sweeping tariffs against …
Read More »China vows to ‘Fight to the End’ as trade war with U.S. escalates
Muhamad Yehia.. Cairo China again vowed to “fight to the end” Wednesday in an escalating trade war with the U.S. as it announced it would raise tariffs on American goods to 84% from Thursday. Beijing also added an array of countermeasures after U.S. President Donald Trump raised the total tariff …
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