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“China To Lift Tariffs For 53 African Nations Starting May 1 – Xi Jinping”.
.....KINDLY READ THE FULL STORY HERE▶
China will remove tariffs on imports from nearly all African countries starting May 1, a move expected to significantly reshape trade between Beijing and the continent.
Chinese state media reported that President Xi Jinping made the announcement on Saturday, confirming that 53 African nations with diplomatic ties to China will benefit from zero tariffs.
The only exception is Eswatini, which recognizes Taiwan instead of Beijing. China considers Taiwan part of its territory and has repeatedly stated that it does not rule out using force to assert control over the island.
Prior to this, China already had a zero-tariff policy for imports from 33 African countries. Last year, Chinese officials indicated that the policy would be expanded to include all African diplomatic partners, and Saturday’s announcement confirms that the expansion will take effect in May.
China is Africa’s largest trading partner and has invested heavily across the continent through its Belt and Road Initiative, funding railways, ports, highways, and energy projects.
The tariff removal comes as many African nations reassess their global trade relationships. Some countries have been exploring alternative markets following sweeping tariffs imposed worldwide by former U.S. President Donald Trump last year, which triggered shifts in trade patterns.
President Xi said the zero-tariff policy “will undoubtedly provide new opportunities for African development,” revealing the timeline as African leaders gathered in Addis Ababa for the annual African Union summit.
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Lula Slams Trump: Accuses Him Of ‘Declaring Wars’.
Brazil’s President has called on global powers to reconsider their strategies after saying they have failed to end the ongoing conflict in the Middle East.....KINDLY READ THE FULL STORY HERE▶
Speaking at a summit of progressive leaders in Barcelona, Luiz Inácio Lula da Silva urged the five permanent members of the United Nations Security Council to adopt a new approach and take stronger responsibility for maintaining global peace.
He also criticised U.S. President Donald Trump for his frequent social media posts directed at Iran.
“We cannot wake up every morning and go to bed every night with a tweet from a president threatening the world and declaring wars,” Lula said.
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APC Blasts Adeleke Over ₦300bn LG Funds Claim, Says He Is Responsible.
APC Fires Back at Adeleke Over ₦300bn LG Funds Allegation, Blames Governor for Salary Crisis....KINDLY READ THE FULL STORY HERE▶
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Oyebanji Restores Ancient Ruling House After 450 Years, Installs New Eesalokun.
Ekiti State Governor, Biodun Oyebanji, has installed Oba Gbenga Adebowale Agbaje-Gorite as the new Eesalokun of Ilukuno Ekiti in Ijero Local Government Area, reaffirming his administration’s commitment to strict adherence to due process in the selection of traditional rulers.....KINDLY READ THE FULL STORY HERE▶
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