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Trump extends targeted Zimbabwe sanctions
The United States has extended restrictive measures imposed on senior ruling Zanu PF officials and companies, which were set to expire this month. The extension was made in a notice signed by President Donald Trump on Friday, March 2, 2018, which stressed that the situation in Zimbabwe has not yet transformed following the removal of Robert Mugabe from power. “In November 2017, dynamics within the factionalized ruling party of Zimbabwe, the African National Union-Patriotic Front party, reached a head. Facing impeachment, Robert Mugabe...
US president Trump announces intention to impose steep tariffs on steel, aluminum; stokes trade war fears
President Donald Trump announced on Thursday he would impose hefty tariffs on imported steel and aluminum to protect U.S. producers, risking retaliation from major trade partners like China, Europe and neighboring Canada. Fears of a trade war triggered a selloff on Wall Street. Trump said the duties, 25 percent on steel imports and 10 percent on aluminum, would be formally announced next week, although White House officials later said some details still needed to be ironed out. Trump believes the tariffs will safeguard...
AGOA strategy awareness in motion for Botswana
The Ministry of Investment Trade and Industry (MITI) in collaboration with Botswana Investment and Trade Centre (BITC), U.S. Embassy in Botswana, USAID Southern Africa Trade and Investment Hub, African Women’s Entrepreneurship Program (AWEP), the Local Enterprise Authority (LEA), the Citizen Entrepreneurship Development Agency (CEDA) and the Botswana Export Credit Insurance (BECI) are conducting nation-wide workshops to sensitize the business community about the African Growth and Opportunity Act (AGOA) strategy and potential export...
Trump Administration sends annual trade agenda report to Congress [DOWNLOAD]
U.S. Trade Representative Robert Lighthizer delivered President Trump’s Trade Policy Agenda and Annual Report to Congress today, outlining how the Administration is promoting free, fair and reciprocal trade and strongly enforcing U.S. trade laws. “President Trump is keeping his promises to the American people on trade, from withdrawing the United States from the flawed Trans-Pacific Partnership, to renegotiating NAFTA, to strongly enforcing U.S. trade laws,” said Ambassador Robert Lighthizer. “We are...