Namibia warns of threats to trade, govt revenue posed by US tariffs
Windhoek, Aug 20 (IANS) Newly-imposed tariffs by the United States could weigh heavily on Namibia’s trade balance and government finances, particularly threatening the country’s polished diamond exports, Bank of Namibia Governor Johannes Gawaxab warned on Wednesday. Following a monetary policy dialogue, Gawaxab said that the US decision to impose a 15-per cent tariff on polished […]
Impact of US tariffs on Australian economy to remain ‘relatively small’
Canberra, Feb 21 (IANS) Australia is less vulnerable than other countries to the impact of US tariffs, the country’s Central Bank has said. Reserve Bank of Australia (RBA) Assistant Governor and Chief Economist Sarah Hunter said on Friday that US President Donald Trump’s 25 per cent tariffs on all steel and aluminum imports will have […]
South Korea holds emergency meeting on US tariffs on steel, aluminum imports
Seoul, Feb 10 (IANS) South Korea’s industry ministry held an emergency meeting on Monday to assess the possible impact on local businesses from the United States’ plan to impose a 25 per cent tariff on all steel and aluminium imports. The Ministry of Trade, Industry and Energy held a meeting with officials from major local […]
