Search Results

Trump’s tariff formula confounds the world, punishes the poor

Trump’s tariff formula confounds the world, punishes the poor

Just R20 for the first month. Support independent journalism by subscribing to our digital news package. Image: REUTERS/Kent Nishimura Ridiculed for imposing trade tariffs on frozen islands largely inhabited by penguins, US President Donald Trump's formula for calculating the levi

Ultimate Uganda

Trump Defies Market Wisdom, And Look Who'll Pay

Trump Defies Market Wisdom, And Look Who'll Pay

If there’s one thing that the White House wants us to know about the new tariffs that promise to upend the global economy, it’s that they’re “reciprocal.”We now know that they aren’t reciprocal at all. In fact, they bear no connection whatsoever to any levies that the target country

Ultimate Uganda

‘There are no winners’: global companies respond to Trump tariffs

‘There are no winners’: global companies respond to Trump tariffs

From UK tailors to Australian farmers to Irish whiskey distillers, firms reveal the impact of US measuresDonald Trump’s sweeping tariffs will upend global trade, adding costs and delays to businesses around the world and threatening a recession.The Guardian spoke to eight businesses about

Ultimate Uganda

Trump will 'probably' cut Mexico and Canada tariffs - US commerce chief

Trump will 'probably' cut Mexico and Canada tariffs - US commerce chief

BBC | US Commerce Secretary Howard Lutnick has said President Donald Trump will "probably" announce a deal to reduce tariffs on Canada and Mexico on Wednesday."Both the Canadians and Mexicans were on the phone with me all day today trying to show that they'll do better" on

Ultimate Uganda

US tariffs on Canada and Mexico will happen Tuesday, says commerce chief

US tariffs on Canada and Mexico will happen Tuesday, says commerce chief

BBC | US tariffs against Canada and Mexico are set to come into effect on Tuesday but their level will be decided by Donald Trump, the US commerce secretary has said.The US president has threatened to impose 25% tariffs, which are a tax on imports, on his two neighbours on

Ultimate Uganda

Electricity distribution shifts from private to public hands

Electricity distribution shifts from private to public hands

The government of Uganda is committed to meeting Umeme Limited’s buyout amount before the electricity distributor’s concession runs out at the end of March, Ziria Tibalwa Waako, the chief executive officer of the Electricity Regulatory Authority (ERA), has s

Ultimate Uganda

Trump’s Full Inauguration Speech: U.S. Policy to Recognise only Two Genders: Male and Female

Trump’s Full Inauguration Speech: U.S. Policy to Recognise only Two Genders: Male and Female

Donald Trump, after being sworn in as the 47th President of the United States, delivered a 30-minute inaugural speech outlining his policy agenda. Key promises included a crackdown on immigration and a focus on dismantling diversity, equity, and inclusion initia

Ultimate Uganda

Migrants race against the clock to reach the US-Mexico border before Trump takes office

Migrants race against the clock to reach the US-Mexico border before Trump takes office

Migrants seeking asylum in the United States gather near the border wall with Mexico after crossing a razor wire fence, as a member of the Texas National Guard escorts them, on December 19, 2024.CNN — When Altagracia left Honduras to em

Ultimate Uganda

Good News: Gov’t Takes Over Electricity, Cuts Bill for Ugandans – See How Much to Pay Per Unit

Good News: Gov’t Takes Over Electricity, Cuts Bill for Ugandans – See How Much to Pay Per Unit

Uganda's government has announced a significant shift in its energy sector with the takeover of electricity distribution and sales, a move expected to lower electricity costs. The Uganda Electricity Distribution Company Ltd (UEDCL) has received licenses from the

Ultimate Uganda

Biden to bid farewell at APEC and G20 under Trump's shadow

Biden to bid farewell at APEC and G20 under Trump's shadow

President Joe Biden heads to South America this week for a curtain call with global leaders after over 50 years in U.S. politics, but the man he tried and failed to keep from returning to power is likely to be the focus of many meetings: incoming President Donald Trump. Biden will hold

Ultimate Uganda