Browsing Tag

impose

Sahel Leaders Impose 0.5% Tariff on ECOWAS Imports

The new import duty imposed on ECOWAS states is set to take effect immediately. Its intention is, ostensibly, to finance activities within the Sahel countries, leaving many curious minds questioning: What are these activities? Why now? This levy arrives at a significant crossroads for West African trade. For decades, the region has thrived on the principle of open exchanges as a bedrock of the Economic Community of West African States (ECOWAS). Now, this pillar seems to be wavering. Consider…

Trump Set to Impose Tariffs on Canada, Mexico, and China, Stirring Price Concerns

The administration of U.S. President Donald Trump is poised to introduce new tariffs targeting key trading partners: Canada, Mexico, and China. This move could disrupt supply chains that span multiple sectors—from energy to automotive—while raising alarms about potential inflation. Specifics of the tariffs are already generating concern. Mr. Trump intends to impose a steep 25% tariff on imports from Canada and Mexico, attributing this decision to what he perceives as these nations’ inadequate efforts to curb illegal…

US House Greenlights Legislation to Impose Sanctions on ICC Amid Israel Arrest Warrants Controversy

The U.S. House of Representatives took a decisive stand by overwhelmingly backing a controversial bill aimed at imposing sanctions on the International Criminal Court (ICC). This move comes after the ICC issued arrest warrants for Israel's Prime Minister, Benjamin Netanyahu, and former Defense Minister, Yoav Gallant. Termed the “Illegitimate Court Counteraction Act,” this bill passed with a robust vote of 243-140, displaying a clear stance in favor of Israel. "America stands against what it perceives as a kangaroo court,"…

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