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171 new news items in the last 24 hours
16 June 13:40

China will eliminate tariffs on 53 out of 54 African countries, strengthening economic ties and provoking a backlash against Donald Trump's trade measures

Delia Niculescu
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International
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China has announced that it will eliminate 100% of tariffs on goods imported from Africa, benefiting 53 African countries, excluding Eswatini. This measure, designed to support African economies, also serves geopolitical purposes, strengthening China's leverage over US trade policies. In 2024, trade between China and Africa increased, but Africa has a significant trade deficit. Beijing plans to diversify imports from Africa and strengthen long-term economic ties amid trade tensions over Trump's tariffs.

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China va scuti Africa de taxe vamale, o provocare la adresa lui Donald Trump
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China va scuti Africa de taxe vamale, o provocare la adresa lui Donald Trump

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International
China has decided to maintain the suspended 24% tariffs on American goods, after the summit between Trump and Xi Jinping.
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International
Donald Trump stated that the tariffs imposed on China will be reduced from 57% to 47%
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International
China and the United States will suspend reciprocal port fees for one year, after the meeting of leaders Xi Jinping and Donald Trump.
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International
Donald Trump admits that 100% tariffs are not sustainable, but blames China for the deadlock in trade negotiations and confirms a meeting with Xi Jinping.
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International
Donald Trump positively assessed the meeting with Xi Jinping, announcing tariff reductions for imports from China and an agreement on rare minerals.
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International
The U.S. Treasury Secretary, Scott Bessent, announced on Sunday that Washington and Beijing have reached a provisional trade agreement, under which China is expected to lift restrictions on rare earth exports and purchase more soybeans from the U.S.
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China Africa Donald Trump economic relations trade measures

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