Author: Amnewsworld

Tensions between the world’s two largest economies have escalated dramatically as China slapped a retaliatory 125% tariff on U.S. imports Friday—just days after President Donald Trump announced a 145% tariff on Chinese goods. Caught in the middle are the businesses and workers fueling the $582.4 billion trade between the two nations, with Chinese exporters—many of them based in the global trading hub of Yiwu—facing the brunt of the fallout. Yiwu, in eastern China’s Zhejiang province, is home to the world’s largest wholesale market, and for many vendors there, the future now looks uncertain. “At worst, we just quit,” said Jiang…

South Africa’s business community and trade unions are raising alarm bells after U.S. President Donald Trump announced sweeping new tariffs on imports — including a punishing 31-percent duty on goods from South Africa — that will take effect on April 9. Industry groups and analysts say the tariffs are already threatening to upend multiple sectors of the South African economy, putting tens of thousands of jobs at risk and worsening the economic hardship of ordinary citizens. The Citrus Growers’ Association (CGA) of Southern Africa has warned that the citrus industry alone could lose up to 35,000 jobs as a result…

Ahead of Thursday’s highly anticipated Europa League quarterfinal clash between Olympique Lyonnais and Manchester United, tensions flared as Lyon midfielder Nemanja Matic launched a scathing verbal attack on United’s goalkeeper, Andre Onana. Matic, a former Manchester United stalwart who spent five seasons at Old Trafford between 2017 and 2022, didn’t hold back during a press conference on Wednesday when asked about Onana’s recent claim that “United is way better than Lyon.” “I respect everyone, but to say that, you need to be able to back it up,” Matic said. “If you’re one of the worst goalkeepers in Man United history,…

In a fiery declaration underscoring rising global tensions, U.S. Secretary of Defense Pete Hegseth warned on Tuesday that the Panama Canal faces “ongoing threats” from China — a claim that has drawn sharp rebuke from Beijing and fueled geopolitical friction in the strategically vital region. Speaking at a ribbon-cutting ceremony for a new U.S.-funded dock at the Vasco Núñez de Balboa Naval Base, Hegseth stated that the United States “will not allow China or any other country to threaten the canal’s operation,” calling the site a vital artery for global commerce and security. “To this end, the United States and…

Bongo Flava, Tanzania’s homegrown musical force born from the fusion of hip-hop, Afrobeat, and Swahili storytelling, is steadily conquering global stages but not without internal struggles that threaten to silence its future. From neighborhood studios in Dar es Salaam to sold-out arenas across Africa, artists like Diamond Platnumz and Ali Kiba have elevated the genre to continental acclaim, collaborating with global superstars such as Chris Brown and Jason Derulo. Yet, even as international attention grows, voices from within the industry are raising alarm about structural weaknesses choking its long-term sustainability. Veteran artist Abdul Sykes, a pioneer with over 26 years…

Lt. Gen. Tadesse Werede has been sworn in as the interim president of Ethiopia’s Tigray region, replacing embattled former leader Getachew Reda amid deepening political rifts and growing fears of renewed conflict. The appointment was announced Tuesday during a formal ceremony attended by senior government officials and the newly elected African Union Chairperson, Mahmoud Ali Youssouf. Tadesse, who previously served as deputy president of the Tigray interim administration and head of the cabinet secretariat for peace and security, now assumes leadership at a critical juncture in the region’s fragile peace process. According to a mandate he signed upon taking office,…

Wall Street Sinks as Economic Anxiety Grows Worldwide Wall Street is tumbling once again, mirroring sharp losses across global markets, as intensifying fears mount that U.S. President Donald Trump’s ongoing trade war could tip the world into a recession. The economic tremors are being felt around the globe, with major markets in the U.S., Europe, and Asia plunging into red territory. Analysts warn that if the trend continues, a full-blown bear market may not be far off. In early trading Monday, the S&P 500 dropped 3.8%, following its worst week since the COVID-19 crash of March 2020. The Dow Jones…

Jay North, the beloved actor who brought the mischievous and lovable character Dennis Mitchell to life in the iconic 1950s sitcom “Dennis the Menace,” has died at the age of 73. North passed away peacefully on Sunday at his home in Lake Butler, Florida, after a battle with colon cancer, according to his longtime friend Laurie Jacobson and booking agent Bonnie Vent. “He had a heart as big as a mountain and loved his friends deeply,” Jacobson wrote in an emotional tribute shared on Facebook. “He called us frequently and ended every conversation with, ‘I love you with all my…

The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) has raised a red flag over the deepening humanitarian crisis in the eastern Democratic Republic of the Congo (DRC), where persistent violence and a deadly cholera outbreak are wreaking havoc on civilian populations. According to OCHA, ongoing clashes between local armed groups and M23 rebels in North and South Kivu continue to claim lives, injure civilians, and displace thousands. Fresh fighting was reported Thursday in the town of Masisi Centre, North Kivu — one of the epicenters of the long-running conflict. Meanwhile, the southern province of Tanganyika is confronting…

The livelihoods of thousands in Lesotho hang in the balance following a new 50% tariff imposed by U.S. President Donald Trump on imports from the southern African nation — a move that could cripple Lesotho’s vital textile industry. The landlocked country, known for producing denim for major American brands such as Levi’s and Wrangler, relies heavily on textile exports to the U.S., with approximately 75% of its products destined for American consumers. The industry supports around 12,000 jobs, most of them filled by women. Trump justified the tariff by accusing Lesotho of imposing a 99% duty on American goods —…