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China Raises U.S. Goods Tariffs to 125%

Tensions between China and the United States deepened on Friday after Beijing announced a sweeping increase in tariffs on American imports, raising them to 125% starting Saturday. The decision comes in direct retaliation to Washington’s latest hike on Chinese goods — a
April 12, 2025

Trump Stands Firm on Israeli Tariffs Decision

U.S. President Donald Trump has stated that he might not reduce tariffs on Israeli imports citing the billions of dollars in aid the United States already provides to Israel each year. Speaking during a meeting with Israeli Prime Minister Benjamin Netanyahu at
April 8, 2025

China Vows to Resist Trump’s Trade Tariffs

China has declared it will not back down in the face of new tariffs imposed by former U.S. President Donald Trump, warning that it is prepared to fight “to the end” if necessary. The strong statement marks another sharp escalation in the
April 8, 2025

Trump Holds Off on Tariffs as Ukraine Talks Continue

 President Donald Trump has decided not to impose additional tariffs on Russian goods, choosing instead to focus on the ongoing peace talks between Russia and Ukraine. This decision comes at a critical time as both sides continue their negotiations, with hopes of
April 7, 2025

Trump Holds Firm As Markets Spiral Lower

U.S. President Donald Trump doubled down on his hardline approach toward China, declaring that no trade deal will be made unless Beijing addresses the longstanding U.S. trade deficit. Speaking aboard Air Force One on Sunday, Trump acknowledged the market panic but insisted
April 7, 2025

Chinese Stock Markets Crash Amid Trade Turmoil

In a dramatic start to the trading week, stock markets across China and much of Asia tumbled sharply on Monday, as escalating trade tensions between Beijing and Washington rattled investor confidence. The benchmark indices in mainland China opened with a staggering 10%
April 7, 2025

Germany Moves Gold Home Amid Trade Concerns

Germany has quietly completed the transfer of hundreds of tonnes of gold from vaults in New York and Paris back to its own soil in Frankfurt years earlier than originally planned. While the decision dates back to 2013, it has taken on
April 5, 2025

Tanzania’s Central Bank Moves to Stabilize Currency

The Bank of Tanzania (BoT) has stepped in to stabilize the value of the Tanzanian Shilling by participating in the Interbank Foreign Exchange Market (IFEM). This intervention aligns with the bank’s 2023 Foreign Exchange Intervention Policy and aims to maintain stability in
April 2, 2025
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