Tariff

14 Articles
Economy

Lagos to End Electricity Subsidy as State Moves Toward Full Cost Tariff System

Electricity consumers in Lagos State may soon face higher tariffs as the government has announced that there will be no subsidy under its...

World

U.S. Consumer Confidence Falls to Lowest Point Since April Due to Tariff Worries

U.S. consumer confidence hit a notable low, with the Conference Board's consumer confidence index dropping by 3.8 points to 89.1 its lowest since...

Economy

South Africa Dispatches Delegates to the U.S. for Trade Negotiations During Tariff Disagreement

South Africa has sent government representatives to the United States for trade negotiations aimed at reducing a recently imposed 30% tariff on its...

World

U.S. Cancels Scheduled Trade Talks with India Amid Tariff Dispute

The United States has canceled scheduled trade talks with India that were set to take place in New Delhi from August 25-29, 2025....

World

President Trump imposes 100% tariff on imported computer chips to boost domestic manufacturing

President Donald Trump has announced a 100% tariff on imported computer chips, aiming to bolster domestic manufacturing and reduce reliance on foreign supply...

Economy

Thailand’s Finance Minister Announces New 19% Tariff Rate with U.S., Aiming to Boost Global Competitiveness and Attract Investor Confidence

Thailand's Finance Minister, Pichai Chunhavajira, announced a new 19% tariff rate on imports from the United States, effective August 7, 2025. This rate...

Economy

Swiss Government Expresses Shock Over U.S. Imposition of 39% Tariff on Imports

The Swiss government has expressed profound shock and disappointment following the United States' announcement of a 39% tariff on Swiss imports, effective August...

Economy

President Trump confirms August 1 deadline for 25% tariff on Indian goods over Russian oil purchases

President Donald Trump announced the imposition of a 25% tariff on Indian imports, effective August 1. This decision was driven by concerns over...

Economy

U.S. and EU Rush to Finalize Trade Deal Before Tariff Deadline

The United States and the European Union have finalized a trade agreement just days before the impending tariff deadline. The deal establishes a...

Politics

Trump Imposes 19% Tariff on Indonesian Imports; EU Reas $84.1 Billion in Countermeasures

President Donald Trump has announced a new trade agreement with Indonesia, imposing a 19% tariff on Indonesian goods imported into the United States....