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US Tariff Rates

US Tariff Rates

US President Donald Trump on Thursday signed a sweeping executive order imposing higher tariffs on several nations and the 27-member European Union, significantly escalating his administration’s global trade offensive. The order, titled "Further...

Nauru made the right decision to develop China relationship, official says

Nauru made the right decision to develop China relationship, official says

Chinese President Xi Jinping holds a welcome ceremony for Nauruan President David Adeang in the Northern Hall of the Great Hall of the People prior to their talks in Beijing, capital of China, March 25, 2024. CGTN photo (Government of Nauru) —...

German family Nauru's first ‘climate citizens’ under investment program

German family Nauru's first ‘climate citizens’ under investment program

By Pacific Island Times News Staff Nauru has welcomed a German family of four who became the first new citizens under the island nation’s Economic and Climate Resilience Citizenship Program. The program, announced at COP29 late last year, provides...

Nauru made the right decision to develop China relationship: President Adeang

Nauru made the right decision to develop China relationship: President Adeang

Nauru President David Adeang says the government’s decision in January 2024 to re-establish diplomatic relations with China has paid great dividends for the nation, and told Nauruans to expect more economic prosperity. Speaking during his recent...

Nauru seeks transform its economy by becoming a cryptocurrency powerhouse

Nauru seeks transform its economy by becoming a cryptocurrency powerhouse

Nauru's Command Ridge Virtual Asset Authority creates a licensing and regulatory scheme for digital asset transfers, including cryptocurrency lending and exchange. Photo: RNZ Pacific / AFP An Australian finance director has flown to Nauru with...

Trump tariffs mapped: The countries hit by US president’s sweeping new trade war levies

Trump tariffs mapped: The countries hit by US president’s sweeping new trade war levies

Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our...

Which economies in Asia have been hit hardest?

Which economies in Asia have been hit hardest?

Fan WangBBC News Reporting fromSingapore ShareSave Economies in Asia were among those hit hardest by tariffs announced by US President Donald Trump on "Liberation Day" in April. From traditional US allies like Japan to the Asean bloc spanning...

Nauru Picks Aussie Finance Expert to Head Crypto Oversight Body

Nauru Picks Aussie Finance Expert to Head Crypto Oversight Body

Australian banking and financial markets veteran Brian Phelps has been named head of the Command Ridge Virtual Asset Authority (CRVAA), a new regulator focused on overseeing digital assets, including crypto. Approved by the Nauruan government in...

Trump's 25 pc tariff on India: Will Delhi reciprocate or seek a trade deal?

Trump's 25 pc tariff on India: Will Delhi reciprocate or seek a trade deal?

Shaking the global economy, US President Donald Trump signed an executive order on Thursday, announcing modified rates for imports into the country. The new tariff rates will come into effect from August 7. For India, the US president has imposed...

US President Trump Imposes 15% Tariff On Nigeria, Other African Nations In Major Trade Shift

United States president, Donald Trump, has officially imposed a 15 percent tariff on imports from Nigeria and several other African countries. The White House announced the new tariff rates in an executive order. The Executive Order, titled...

Trump hits Nigeria with 15% tariff in revised global trade blitz

Trump hits Nigeria with 15% tariff in revised global trade blitz

Nigeria and a raft of African countries have been hit with a 15 percent import tariff following a sweeping executive order from United States President Donald Trump. The White House announced the modified reciprocal tariff rates on Thursday....

Nauru could earn millions after backing U.S deep sea mining pathway

Nauru could earn millions after backing U.S deep sea mining pathway

KINGSTON/YAREN (RNZ PACIFIC) — Nauru is a step closer to mining in international waters under highly contentious United States legislation. The path has been set out in the nation’s new agreement with Canadian mining group The Metals Company (TMC)...

Palau, FSM, RMI, Kiribati, and Nauru to form MPS Secretariat

Nauru is looking to host a Micronesia Presidents’ Summit Secretariat with leaders of Nauru, Palau, Federated States of Micronesia (FSM), Republic of the Marshall Islands (RMI), and Kiribati putting in motion efforts to formalise the legal status...

Sri Lanka’s Seylan Bank net up 20-pct in June

Sri Lanka’s Seylan Bank net up 20-pct in June

ECONOMYNEXT – A tsunami warning has been issued for Russia, Pacific Islands and South American costs after an 8.7 magnitude earquake off the East Coast of Russia. Waves as high as 3 meters could hit some coasts, the warning from the Pacific...

Tonga weighs new deep sea mining deal with The Metals Company

Tonga weighs new deep sea mining deal with The Metals Company

The Metals Company is a key player in the deep sea mining industry. Photo: Facebook / The Metals Company Tonga is considering a new deep sea mining contract with Canadian mining group The Metals Company (TMC) - and a local NGO says the government...

Friends to all: Nauru-Australia security treaty brings confidence and stability

Friends to all: Nauru-Australia security treaty brings confidence and stability

At a time when many Pacific leaders are expressing concerns about the impacts of geopolitical competition in their respective countries and the region, the government of Nauru, led by President David Adeang, has opted to sign a comprehensive...

US territories position for digital currency opportunities under federal stablecoin law

US territories position for digital currency opportunities under federal stablecoin law

President Trump's signing of the GENIUS Act last week is creating new possibilities and challenges for U.S. territories looking to build digital asset industries within Guam, Puerto Rico and other territories uniquely positioned to attract major...

Pacific Resilience Facility set for leaders signing in Honiara

By Sanjeshni Kumar The Pacific Resilience Facility (PRF) is poised to become the region’s first Pacific-owned and led international financial institution, with Forum Leaders set to sign its establishing treaty at their meeting in Honiara, Solomon...

New world-class health services will transform Nauru, says government

New world-class health services will transform Nauru, says government

A MONTH after the Government of Nauru announced a ground breaking strategic partnership with UAE company Global Mission Support Services or GMSS to take over the management and delivery of the country’s health services, the results have already...

World-class health services for Nauru

World-class health services for Nauru

A state-of-the-art funded hospital in Kiribati will provide better, safer facilities – especially for women and infants. Funded by the Asian Development Bank (ADB), the new Betio Hospital will deliver improved health facilities and services for...

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