China threatened Tuesday to take countermeasures against the United States “to safeguard its own rights and interests” in response to President Donald Trump’s threat of an additional 50% tariff on Chinese imports.
President Trump on Monday said the U.S. will apply an additional 50% tariff on imports from China
The vast majority of iPhones are assembled in China, but the tech giant uses parts from all over the world to make the finished product
Tariffs are primarily sales taxes, mainly beneficial to the targeted country rather than the imposing country.
China’s finance ministry said the additional tariffs would be imposed from April 10.
These tariffs, rolling out between April 5 and 9, 2025, aren’t just numbers—they’re a wake-up call for Ghana and the continent.
China has vowed to hit back after President Donald Trump announced major new tariffs on its exports to the United States
Donald Trump unveiled and then enacted a two-step tariff approach Wednesday as his long-awaited “Liberation Day” plans were released during a Rose Garden event at the White House.
This significantly outpaced the country’s imports, which stood at GH₵250.2 billion, resulting in a trade surplus of GH₵44.7 billion, according to the latest Ghana Statistical Service (GSS) Trade Report.
Singaporean authorities have arrested three individuals on fraud-related charges linked to the alleged unauthorised re-export of Nvidia GPUs to DeepSeek, a Chinese AI firm, potentially bypassing US trade restrictions, according to ChannelNewsAsia (CNA)
