Browsing: Donald Trump

• U.S. President Donald Trump unleashes sweeping tariffs targeting struggling African nations in a bold trade shift.
• South Africa, Nigeria, Kenya, and other major trading partners branded among the “worst offenders” in global commerce.
• Trump accuses countries of imposing high tariffs on US goods, erecting “non-tariff barriers,” or engaging in policies deemed harmful to American economic interests.

Even before the pain following aid cuts could reverberate across Africa, U.S. President Donald Trump has unleashed another shocker on economies in Africa, announcing a wave of tariffs targeting countries that offer Washington “unfair trade practices”.

The new measures, which include a baseline 10 per cent levy on all imports and additional “reciprocal tariffs” on select countries, could deal a sharp blow to key African economies already struggling with global economic headwinds post the Covid-19 fallout.

South Africa, Nigeria, Kenya, and other major trading partners now face steeper trade barriers, with Trump branding them …

• USAID was established in 1961 by US President John F Kennedy.
• The charity arm has over 10,000 global employees and spends $40 million in humanitarian support.
• Trump, Musk allege USAID is run by “radical left lunatics” getting away with “tremendous fraud.”

A notice placed on the USAID website that announces to all its global staff, over 10 000 personnel, the commencement of an administrative leave this Friday.USAID, a giant charity arm of the US government is being dismantled by U.S. President Donald Trump. This decision is set to sent shockwaves across the world as it comes after almost a century of USAID operations. Established in 1961 by President John F Kennedy, USAID has over the years assumed a huge role in humanitarian affairs across Africa, but under Trump, the organization is now unceremoniously been drugged through the dirt.

Its over 10,000 employees will either be laid off or reassigned and …

• Gunster Strategies Worldwide will host the “Stars and Stripes & The Union Jack” reception at the Hay-Adams Hotel, bringing together global leaders to celebrate the U.S.-UK special relationship and reinforce its role in global advocacy.
• Nigel Farage, leader of Reform UK and a cornerstone figure in Brexit, will serve as the evening’s guest of honor.
• With over three decades of experience, Gunster has built a legacy of shaping transformative campaigns across the globe.

As Washington, D.C., prepares for the historic 60th Presidential Inauguration, Gunster Strategies Worldwide is set to host an exclusive reception that promises to solidify its reputation as a leading force in global advocacy and strategic influence. The “Stars and Stripes & The Union Jack” event, to be held at the renowned Hay-Adams Hotel, will convene a remarkable roster of global leaders, policymakers, and industry titans to celebrate the enduring U.S.-UK “special relationship.” This occasion underscores Gunster Strategies’ …

• Central banks across Africa weighing interest rates in the next three weeks are poised to lower them, cautious that the opportunity to ease further may dissipate after President Trump formally assumes office.
• The Trump presidency is anticipated to strengthen the dollar further, primarily due to his commitment to significantly raising tariffs on imported goods.
• A new wave of inflation, driven by the strengthening dollar from the Trump effect, would exacerbate the already high inflation rates in many African countries.

Donald Trump’s return to the Whitehouse sent the dollar surging against both G10 and emerging market currencies in a change that has potentially far-reaching macroeconomic repercussions for African nations.

As Trump’s victory became evident, the “Trump Trade” pushed 10-year Treasury yields up by 0.16 per cent to 4.44 per cent. Meanwhile, the dollar index, which measures the dollar’s performance against a basket of major currencies, saw its largest single-day increase since …

• Across the Atlantic, Africans also have a vested interest in the outcome of the US election.
• The latest polls show that the current vice president and Democratic nominee, Kamala Harris, has a slight, one-point lead, with Republican and former president Donald Trump a close second.
• The election outcome will have a number of implications for African economies, given that the US is one of the main trading partners.

On Tuesday, November 5, Americans will vote to elect the 47^th president of the United States of America. The latest polls show that the current vice president and Democratic nominee, Kamala Harris, has a slight, one-point lead, with Republican and former president Donald Trump a close second. This is a neck-and-neck race with no outcome, and the world waits to see who will lead the last global superpower from 2025 to 2029.

Across the Atlantic, Africans also have a vested …

Africa is suffering the worst from the effects of global warming. The continent is the least prepared to respond to adverse weather changes brought about by global warming.

The devastating effects range from unpredictable weather that is causing floods and famine across the continent. The economic impact for agriculture dependent Africa is huge. This is why Joe Biden’s win is very important for Africa.

Biden is clearly for action against global warming the least of which not been his outright statement that his administration will bring America back into the Paris Climate Deal. The Paris Agreement is a direct response to climate change in which countries from around the world have agreed to cut down their green house gas emissions to check global warming.

The US was part of the deal, that is until Donald Trump came into the picture and pulled the US out of the deal.

If Trump …

The visit by US Secretary of State Mike Pompeo to three African countries of Senegal, Angola, and Ethiopia is significant for the Trump administration not only as of the first trip the senior official has made to the continent, but a first for a senior official since the launch of the new strategy for Africa. The last time a senior official to visit sub-Sahara Africa was Pompeo’s predecessor, Rex Tillerson who lost his job while on a trip to Kenya.

Trump’s Africa Strategy was aimed at promoting prosperity, security, and stability in relations, and the business-friendly Prosper Africa which aims to substantially increase two-way trade and investment between the United States and Africa.

The leading issue will mainly be on security and counter-terrorism efforts mainly in the Sahel as well as the horn of Africa. Though Somalia has remained a point of discussion in terms of security, there is a …

The US government in Kenya is working to counter the growing influence of China locally and regionally by developing grassroots-based initiatives that will spur US business investments and address slow growth rates in rural areas.

The initiative is in line with a bigger agenda by the US government to instill dominance in key global locations mainly in Asia, Africa and Latin America where China has made significant inroads in socio-political and economic development.

The US ambassador to Kenya Kyle McCarter announced that his government through Prosper initiative that was announced by US President Donald Trump last year will work with 8 pilot counties dubbed ‘Prosper Counties’ to spur growth. These counties selected on the basis of high economic potential, effective governance practices, and a commitment in creating an enabling environment for business growth.

“We’re going to put forth projects that have meaning to Kenyans. Our shared goal is to pave …