live Khamenei warns ‘foreigners’ as Iran enters ‘new phase’ in Gulf, Hormuz - Thursday, 30 April
Iran’s Supreme Leader Mojtaba Khamenei warned “foreigners who commit evil” have no place in the Gulf, outlining a “new phas...
From Thursday, 1 May, goods from every African country with diplomatic ties to China will be able to enter the Chinese market without paying import duties.
It is a sweeping trade gesture that Beijing says makes it the first major economy to offer this kind of blanket, zero-tariff access to an entire continent.
The move extends a policy China had already begun rolling out to its trading partners in Africa’s emerging economies. Since December 2024, 33 African nations with diplomatic ties to China have enjoyed zero-tariff treatment across all product categories.
What changes now is that 20 additional African countries - those that are more economically developed but still maintain diplomatic relations with Beijing - are being brought into the same arrangement. The result is full coverage, with every African country that recognises China diplomatically included.
The policy will run for two years, from May 2026 to April 2028, and is framed as a stepping stone towards a longer-term trade agreement between China and African nations, known as the China-Africa Economic Partnership for Shared Development.
Beijing says the zero-tariff period is designed to build trust and momentum while that broader deal is negotiated and signed.
The timing carries symbolic weight. This year marks the 70th anniversary of diplomatic relations between China and Africa, and Beijing has been keen to use the occasion to deepen ties across the continent.
China’s commerce ministry described the policy as a significant measure, framing it as a contrast to what it called the rising tide of protectionism and unilateralism elsewhere in the world - a barely veiled reference to tariff disputes between Beijing and Washington.
For African exporters, the practical implications could be considerable. Reduced costs at the border mean goods such as agricultural products, minerals and manufactured items may become more competitive in the Chinese market, which is home to 1.4 billion consumers.
Kenya, for instance, has already been moving in this direction. It dispatched its first consignment of goods to China under a zero-tariff arrangement in March and Beijing’s ambassador there called the policy a milestone for trade ties.
There are nuances worth noting. For products that fall under tariff quota systems - where a country can export only a set quantity at a reduced rate before higher tariffs apply - only the in-quota rate will drop to zero. Goods exported beyond those quotas will still face standard duties.
This carve-out limits the scope of the policy for some commodity exports, though its overall reach across the continent remains historically significant.
Whether African countries can fully capitalise on the opportunity is a separate question. Access to a market and the capacity to serve it are two different things, and many African exporters face logistical, infrastructure and financing hurdles that no tariff policy can resolve on its own.
However, as an opening move, China’s decision to remove trade barriers for an entire continent is difficult to dismiss.
A report published by Minval Politika has raised new questions over alleged efforts by Luis Moreno Ocampo to shape international pressure against Azerbaijan and influence political dynamics around Armenia.
A Pentagon official provided the first official estimate of the cost of the U.S. war in Iran on Wednesday (29 April), telling lawmakers that $25 billion had so far been spent on the conflict, most of it on munitions. Earlier, Donald Trump said that the U.S. had "militarily defeated" Tehran.
Tensions between the United States and Iran remain high after a U.S. official said President Donald Trump was unhappy with a proposal from Tehran that does not deal with its nuclear programme. Washington is insisting that any talks must address Iran’s nuclear activities.
Iran’s Supreme Leader Mojtaba Khamenei warned “foreigners who commit evil” have no place in the Gulf, outlining a “new phase” for the Strait of Hormuz, while a senior adviser said U.S. blockade efforts would fail and could trigger confrontation.
The decision by the United Arab Emirates to leave OPEC+ on 1 May has put renewed focus on one of the most influential groups in global energy - and how its decisions can shape oil prices worldwide.
China has warned the U.S. that Taiwan will dominate next month’s summit in Beijing, raising pressure on Washington and concern in Taipei over any shift in long-standing American policy.
Shares in Meta Platforms fell sharply in extended trading on Wednesday after the tech giant raised its annual capital spending forecast by billions of dollars.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 30th of April, covering the latest developments you need to know.
The U.S. House of Representatives approved a three‑year budget plan on Wednesday that clears the way for Congress to take up an additional $70 billion for immigration enforcement by federal agencies.
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