Tag Archives: tariffs

Denver, U.S. | Xinhua | Each week, more economists and U.S. policy experts question U.S. President Joe Biden’s delay in dumping his predecessor Donald Trump’s trade war against China, citing the potential benefits being missed. “Talk about missing the boat … it would slow inflation, stimulate the economy, and send an …

Kampala, Uganda | THE INDEPENDENT | The European Union and the Private Sector Foundation Uganda (PSFU) have revived the Sustainable Business for Uganda (SB4U), a trade improvement initiative that was disrupted by the COVID-19 outbreak, one year after its launch. The platform launched in 2019 is aimed at enabling Uganda’s export …

Washington, U.S. | Xinhua | U.S. House of Representatives on Thursday voted to suspend normal trade relations with Russia, paving the way for the U.S. government to impose higher tariffs on Russian goods. The lower chamber approved the measure by vote of 424-8, with a few Republicans voting against, sending the …

Kampala, Uganda | THE INDEPENDENT | The Leader of the Opposition, Mathias Mpuuga, has proposed a reduction in electricity tariffs for domestic consumers by at least Shs200 per unit. Mpuuga said that the current Shs882 per kilowatt-hour is so high and has led to the decline in the consumption of electricity. …

Kampala, Uganda | THE INDEPENDENT | Parliament’s Committee on Information Communication Technology and National Guidance on Monday tasked the National Telecommunication Operators, MTN and Airtel to improve on their network coverage and sensitize subscribers about the their tariffs. It follows a petition to Parliament by six concerned subscribers in November 2021. …

Arusha, Tanzania | Xinhua | The East African Community (EAC) is making strides in conforming to trading requirements under the African Continental Free Trade Area (AfCFTA), with plans underway to finalize the EAC tariff offer, the EAC said in a statement on Wednesday. The EAC Sectoral Council on Trade, Industry, Finance …

  Kampala, Uganda | THE INDEPENDENT | Big industrial electricity consumers could soon buy electricity directly from generators or the transmission company to lower the electricity tariffs, according to the Minister for Energy and Mineral Development, Ruth Nankabirwa. Nankabirwa, who spoke during the launch of Electricity Regulatory Authority House in Kampala …

Washington, U.S. | Xinhua | Americans for Free Trade, a coalition of more than 150 industry associations that are united in the fight against tariffs, on Tuesday urged the Biden administration to end the “misguided trade war” initiated by the previous administration as tariffs continue to hurt American businesses across the …

Tariffs have harmed American jobs, American consumers, American companies and the country’s global competitiveness Washington, U.S. | Xinhua | The U.S. business groups have urged the Biden administration to remove punitive tariffs on U.S. imports imposed by the previous administration, as tariffs continue to hit American businesses and consumers while pushing …

Kampala, Uganda | THE INDEPENDENT | Ugandans are expected to pay a little lower for electricity consumption next year following approval of the new end-user tariffs. The base tariffs have been reduced by an average 0.4 percent, with the big consumers mainly industries, benefitting more from this adjustment. Domestic or household …