Tag: Tariffs
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🇲🇽🇯🇵🇮🇳 Global Postal Services Halt Shipments to the U.S. After U.S. Ends “De Minimis” Duty Exemption
Monrovia, 29 August 2025 — In a sweeping change that is reshaping global e-commerce and postal logistics, the United States government has officially eliminated the longstanding “de minimis” exemption, which allowed small-value packages—generally under USD 800—to enter the U.S. duty-free. Originating in 1938 and expanded in recent years, this exemption has facilitated the unhindered flow…
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Somaliland leader freezes internet price hike amid planned protests
The authorities of the unrecognised state of Somaliland have agreed with telecom operators to suspend a recently announced increase in tariffs for internet and mobile communication services amid planned protests, President Abdirahman Mohamed Abdullahi said in an address. He announced a temporary freeze on the decision by telecommunications giants Telesom and Somtel to raise prices…
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New U.S. Tariffs Threaten Lesotho’s Textile-Driven Economy
Lesotho was recently hit with some of the highest tariff rates on record when U.S. President Donald Trump announced a 50% tariff on imports from the Kingdom. This decision comes at a critical time for Lesotho, whose economic stability relies heavily on the textile sector and trade benefits provided by the African Growth and Opportunity…
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U.S. House Financial Services Committee Debates Trump Administration Tariffs’ Impact on Small Banks
Date: February 10, 2025Author: PanAfrican.Email During a pivotal House Financial Services Committee hearing on Wednesday, Rep. Maxine Waters (D-CA) led a robust discussion on the potential repercussions of the Trump Administration’s proposed tariffs, particularly their impact on small banks. The hearing, which brought together financial experts, policymakers, and industry leaders, highlighted growing concerns over how…
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The ramifications of Trump’s tariff decisions for world trade organisation
The leader of the World Trade Organization Ngozi Okonjo-Iweala, conveyed a sense of “cautious optimism “tatting that her approach to the U.S. President Donald Trump’s trade and tariff strategies is to remain composed and observe the actual policies that will be put into action. “… keep calm. Let’s see what policies are actually enacted and…
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🇱🇷 Liberia: Gov’t Announces Revised Fee Structure for Mining Licenses, Permits
The regulation also prescribes royalty rates for various minerals, such as 3% for gold and diamonds, 5% for iron ore, and 8% for strategic minerals. Application fees for licenses range from $50USD to $150USD, depending on the type of application. According to a joint statement from the Ministries of Mines & Energy and Finance and…
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