China has announced that it would impose 84-percent tariffs on goods it imports from the USA.

The new retaliatory tariffs are expected to come into effect on April 10, China’s Finance Ministry said. 

The Southern African Development Community (SADC) says the reciprocal tariffs imposed by the U.S. nullify the benefits member states had under the African Growth and Opportunity Act (AGOA).

SADC is the latest to react to the tariff increment by U.S. President Donald Trump.

‘Time for dialogue, not escalation’ – This is the call from the UN Trade and Development (UNCTAD) agency as major economies prepare to impose sweeping new tariffs in response to reciprocal tariffs announced by U.S. President Donald Trump.

The Namibian government says the imposition of reciprocal tariffs by the US President, Donald Trump, requires a balanced approach from Southern African Customs Union member states, including Namibia, to find a workable solution.

Last night, U.S. President Donald Trump announced sweeping tariffs affecting 60 countries worldwide, sending shockwaves through global markets. 

The announcement was met with phrases like "this is a seismic moment for global trade."

The Keetmanshoop Electricity Business Unit (KEBU) has urged pensioners to register for the social electricity tariff to benefit from a discounted electricity rate. 

The Electricity Control Board (ECB) yesterday announced an increase in electricity tariffs, effective this month, and consumers are already feeling the pinch.

The Southern African Customs Union has presented a tariff offer to the African Continental Free Trade Area pleading for a reduction in tariff rates. 

This is to ensure that the SACU business community leverage on the benefits of the AfCFTA while encouraging intra-Africa trade.