China removes 125% tariff on US ethane import
China has removed a 125% tariff on ethane imported from the United States. This tariff was put in place earlier this month but has now been dropped for a group of products that received special exemptions. This decision is expected to help Chinese companies that use US ethane in making chemicals. It also helps the […]
Nigeria signs ECOWAS tariff offer, waives duties on 90% of intra-African trade goods
Nigeria has taken a big step toward improving trade within Africa. On April 14, the country officially signed and published its list of tariff offers under the African Continental Free Trade Area (AfCFTA). This means Nigeria will now remove import duties on 90% of goods traded with other African countries. This announcement was made by […]