By Esther Ososanya U.S. President Donald Trump on Tuesday said his administration will impose a 50% tariff on imported copper and soon roll out long-threatened duties on semiconductors and pharmaceuticals — a sweeping expansion of his global trade war that has rattled financial markets and U.S. allies. The announcement, made during a White House …
By Esther Ososanya Global markets gained on Wednesday as investors shrugged off U.S. President Donald Trump’s latest tariff threats, including a 50% levy on imported copper and potential 200% duties on pharmaceuticals. European Stocks and U.S. Futures Climb London’s FTSE 100 rose 0.2%, while the pan-European STOXX 600 gained 0.8%. Wall Street futures also …
By Esther Ososanya As BRICS leaders gathered for a high-stakes summit in Rio de Janeiro on Sunday, U.S. President Donald Trump escalated tensions by announcing a proposed 10% tariff on countries aligning with what he called the group’s “anti-American policies”. The threat, posted on his Truth Social account, comes as the bloc which now includes …
By Esther Ososanya In a rare and striking speech at the 32nd Afreximbank Annual Meetings, Jason Miller, a top communication strategist and former senior adviser to U.S. President Donald Trump, laid out a bold recalibration of U.S.-Africa trade relations, one grounded in what he called “partnerships over promises.” Addressing policymakers, industry leaders, and investors in …
