🚢 Tariffs Surge: US import tariff rates rose by 14 percentage points in 2025.
💰 Deficit Drop: Projected tariff revenue cuts the federal deficit by $3 trillion by 2035.
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Trump to impose 35 per cent tariff on Canada, starting August 1 - Yes Punjab News President Trump announces a 35% tariff on all imports from Canada starting August 1, citing fentanyl concerns, with the possibility of increased tariffs or negotiation.

Trump to impose 35 per cent tariff on Canada, starting August 1 yespunjab.com?p=138808

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N$100 for 38 units of power in Windhoek N$100 WILL only get you 38.46 units of electricity in Namibia’s capital. The rest of the country will get even less, with 34 units in central Namibia, 36.47 units in northern Namibia, and 33.77 units in the Erongo region – if power distributors’ latest tariff proposals are granted. This comes after Windhoek proposed a 4% tariff increase for the 2025/26 period, while the Erongo Regional Electricity Distributor (Erongored) has requested a tariff increase of 3.6%. The Namibian has been told that the Central North Regional Electricity Distributor (Cenored), which distributes electricity in the Otjozondjupa and Omaheke regions, as well as parts of the Oshikoto and Kunene regions, wants a 5.8% tariff increase. Currently, residents in Windhoek can get around 40 units for N$100, while the same amount will fetch you 35 units in the Erongo region, 38 in the north, and 34 units in areas under Cenored’s distribution area. The distributors argue that operational challenges, network growth, and inflationary pressures are pushing up the cost of service delivery – justifying the proposal. Last month, the Electricity Control Board (ECB) approved NamPower’s average bulk tariff increase of 3.8%, effective from 1 July. Erongored executive officer Immanuel !Hanabeb on Tuesday said the 3.6% increase request is based on business impact and growth. “We are requesting for a 3.6% because of the impact on the business and also the growth, which is why we are focusing on that,” he said. Similarly, the City of Windhoek is requesting a 4% weighted average tariff increase to align with NamPower’s 3.8% approved adjustment. Windhoek’s proposed increase would result in a 3% rise for residential customers and a 1% increase for pensioners. “Technical personnel shortages due to population growth of over 67% in Windhoek since 2011, which has necessitated the budgeting of new positions for the 2025/26 financial year … A slight increase in maintenance costs brought about by the natural expansion and growth of the city …” the chief executive’s office says. Despite the increase, the municipality says it maintains its commitment to keeping electricity prices both affordable and sustainable. “This dedication is reflected in the fact that the City of Windhoek still maintains some of the lowest electricity tariffs in Namibia, while continuing to provide quality services across a growing urban landscape,” it says. Oshakati Premier Electric has submitted a request of 4.19%, while the Northern Regional Electricity Distributor (Nored) will make its request public during ongoing consultations. Cenored, which has submitted the highest proposal for a tariff increase, this week declined to comment on the matter. Cenored chief executive Fessor Mbango directed The Namibian to the distributor’s head office. “Stop calling me, call head office,” he said. The proposed tariff increases have irked both residents at various towns countrywide and lawmakers alike. Popular Democratic Movement member of parliament Diederik Vries in a notice submitted to the National Assembly this week said he would question minister of urban and rural development James Sankwasa next week on whether the ministry can provide evidence-based justification for the City of Windhoek’s proposed 4% tariff increase, particularly in light of the city’s claim that it already offers the lowest tariffs in the country. “Given the city’s assertion that increased costs are driven by a 67% population growth and maintenance demands, what long-term infrastructure investment plans are in place to sustainably manage these pressures without recurring tariff hikes?” he asks. Vries wants to know whether Sankwasa’s ministry has independently verified that the proposed tariff increases are proportionate and are not being used to cover inefficiencies within the city’s electricity supply operations. “What specific measures will be implemented to shield vulnerable groups, including pensioners and low-income households, from the financial strain of increased electricity tariffs? “In light of the frequent annual requests for electricity tariff increases where 10.4% was proposed last year and 3% this year, does the ministry consider introducing a cap on annual tariff adjustments to help ensure affordability and stability for residents?” the notice reads. The post N$100 for 38 units of power in Windhoek appeared first on The Namibian.

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Power costs could rise by 3% in Windhoek Justicia Shipena  Residents in Windhoek may face up to a 3% increase in electricity costs this year if the Electricity Control Board (ECB) approves the City of Windhoek’s proposed tariff adjustment. The municipality proposed the increase during a public consultation held on Friday at the Khomas Regional Council Hall. The session was organised by the ECB. The City, which supplies electricity in the Khomas Region, wants a 4% weighted average increase for the 2025/2026 financial year. It says this aligns with NamPower’s approved average bulk tariff increase of 3.8%. Last month, the ECB approved NamPower’s 3.8% tariff increase, which takes effect from July 1, 2025, to June 30, 2026. According to the municipality, electricity costs would rise by 3% for regular residential customers and 1% for pensioners. Officials said the increase is lower than NamPower’s hike.  They cited NamPower’s tariffs, staff shortages due to Windhoek’s population growth of over 67% since 2011, and rising maintenance costs as the main reasons behind the proposal. The City said the consultation was meant to inform residents and business owners, ensure transparency, and create a space for open dialogue between stakeholders in the electricity sector.  It also said it remains committed to keeping prices affordable while maintaining service quality in the growing capital. The municipality maintains that Windhoek still has some of the lowest electricity tariffs in the country. Windhoek residents currently get the best value for prepaid electricity in Namibia, according to April reports. Reports from April this year showed that the Windhoek Municipality offers the lowest prepaid tariff in the country at N$2.4772 per kilowatt-hour. For every N$100 spent, residents receive about 40 units of electricity. A comparison report on tariffs approved by the Electricity Control Board for the 2024/25 financial year shows clear differences in purchasing power across regions, depending on the local electricity provider. Katutura residents committee spokesperson Shaun Gariseb accused the City of using a “classical tactic” to keep residents uninformed. “The City knew if they had notified the public they would go and oppose their application. So they just come tell you after having already done the consultation. Our biggest question now was the consultation in conjunction with ECB? How can ECB collaborate with C.o.W who undermined their authority?” He questioned.  Last year, the City proposed a 10.4% electricity tariff increase for the 2024/25 financial year. That plan received major backlash from residents. The ECB later granted a lower increase of 7.9% in June 2024, down from the City’s request.

#Windhoek #ElectricityCosts #TariffIncrease #NamPower #PublicConsultation

Keetmans electricity budget jumps to N$148 million, with upgrades, salaries and tariffs in the mix The Keetmanshoop Electricity Business Unit (Kebu) has proposed a N$148.2-million budget for 2025/26, with planned network upgrades and a possible tariff increase. This represents a 17.09% increase from the 2024/25 financial year, Kebu acting strategic executive, Lee Mwemba, has said. Mwemba was speaking during a consultative meeting with Electricity Control Board (ECB) officials, Kebu officials, councillors and community members to seek input on the proposed increment on Monday. During the 2024/25 financial year, the revenue of Kebu, a division within the Keetmanshoop Municipality, stood at N$122 million, while its budget stood at N$122 882 544. Mwemba said from the N$ 148 205 922 budget, about N$87 million, which translates to 58.86%, would go to NamPower, the Electricity Control Board (ECB), and the National Electrification Fund. Another N$15 million, translating to 10.55%, would go towards salaries, while N$27 million (representing 18.4%), is allocated for the upgrade and automation of the electricity network. An additional N$6 million, which is 4.15% of the budget, is allocated to the municipality as a local authority surcharge, and a further N$1 million is earmarked for the installation of streetlights. Mwemba said the municipality has a provisional proposal of a 6 per cent tariff increment for the 2025/2026 financial year that will be submitted to the ECB. “This is preliminary and not final. From the information we have so far, Kebu is likely to apply for a 6% average increment on electricity; however, that might change when all calculations are done,” he said. Also speaking at the meeting was Keetmanshoop mayor Annalise Knaus, who said the municipality recognises the importance of electricity as a key driver of development and economic stability. She said through careful tariff structuring, the municipality strives to strike a balance in ensuring affordability for residents while maintaining the sustainability of electricity supply. “I extend my gratitude to the ECB for its decision in approving a moderate tariff increase of only 3.8% in contrast with the significantly higher increment of 17.4% initially applied for by NamPower. “This thoughtful approach reflects your commitment to protecting the socio-economic well-being of communities like ours, and for that, we are thankful,” she said. The post Keetmans electricity budget jumps to N$148 million, with upgrades, salaries and tariffs in the mix appeared first on The Namibian.

#ElectricityBudget #Namibia #Keetmanshoop #TariffIncrease #EnergyUpgrades

Trump Doubles Steel and Aluminum Tariffs to 50% to Protect U.S. Industry Trump Announces Doubling of Steel and Aluminum Tariffs to 50% to Protect U.S. Industry WEST MIFFLIN, Pa. — President Donald

Trump Announces Steel Tariffs Doubled to 50 Percent to Protect US Industry

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China slaps additional 34 pc tariffs on all US imports starting April 10 - Yes Punjab News China imposes 34% tariffs on US imports starting April 10, escalating the trade war. India stands to gain from tariff shifts, with new opportunities in various sectors.

China slaps additional 34 pc tariffs on all US imports starting April 10 yespunjab.com?p=110343

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Namibia faces new trade challenges because of tariff increases Niël Terblanché The United States of America (USA), under President Donald Trump, has announced an increase in import tariffs affecting all trading partners, including Namibia, which will now face a reciprocal tariff of 21%. This move comes as Namibia maintains a 42% tariff on imported products from the USA. A statement from the White House explained that these tariffs aim to address the injustices of global trade, to reshore manufacturing, and drive economic growth for the American people. “Reciprocal trade is ‘America First’ trade because it increases our competitive edge, protects our sovereignty and strengthens our national and economic security,” the statement said. In 2024, the total goods trade between the USA and Namibia reached approximately N$7.8 billion. Exports to Namibia were calculated at approximately N$2.8 billion, reflecting a decrease of N$289.8 million from the previous year. Namibian exports to the USA were roughly N$4.9 billion, marking an increase of approximately N$2.565 billion. The “Liberation Day” tariffs, as announced by Trump, have raised concerns about a potential global trade war. Key US trading partners, including the European Union and Britain, have indicated they are preparing responses to this escalation, leading to nervous markets in Europe and America. Reciprocal tariffs mean the USA will impose tariffs on other countries equivalent to the tariffs those countries impose on goods from the USA. This approach could have implications for Namibia’s trade dynamics, particularly in light of existing trade agreements. Namibia is currently a beneficiary of the African Growth and Opportunity Act (AGOA), a USA trade program established in 2000 to promote economic growth in sub-Saharan Africa by providing eligible countries with duty-free access to that country’s market for over 6 400 products. Namibia’s continued eligibility for AGOA benefits was confirmed in December 2024, allowing the country to maintain its preferential access to US markets. While AGOA provides duty-free access for certain products, the overall trade environment may become more challenging if reciprocal tariffs lead to increased costs for Namibian exports. The imposition of new tariffs by the US could potentially affect Namibia’s exports under AGOA as well.

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US announces a 34% 'reciprocal' tariff hike on China, effective April 9. Economists warn average US tariffs on Chinese goods could soar to 65%. 💥📉 #USTariffs #ChinaTrade #TradeWar #Economy #GlobalTrade #USPolitics #TariffIncrease

U.S. tariff rate now at 22%, highest since 1910- Fitch Investing.com -- The sweeping new U.S. import tariffs announced by President Donald Trump have pushed the country’s average tariff rate to 22%, up from just 2.5% in 2024, according to Fitch Ratings. That level of protectionism hasn’t been seen since around 1910, Fitch’s U.S. economic research head Olu Sonola said in a statement following the announcement. "This is a game changer, not only for the U.S. economy but for the global economy," Sonola said. "Many countries will likely end up in a recession. You can throw most forecasts out the door, if this tariff rate stays on for an extended period of time." Trump introduced a 10% baseline tariff on all imports, with significantly steeper rates for key trading partners, including 34% on China and 20% on the European Union. The administration also confirmed a 25% tariff on auto and auto parts. Speaking from the White House Rose Garden, Trump said the new tariffs would help restore critical manufacturing sectors to the U.S. Over the coming months, the most immediate effect of the new levies is expected to be higher prices on thousands of consumer and business goods. That price pressure could curb demand both domestically and globally, adding to the risk of recession. Tariff rates vary significantly by country—from 10% on UK imports to 49% on goods from Cambodia—suggesting uneven economic impacts. A broadening trade war would likely hit China especially hard, as it faces weak internal demand and would need to find new export markets. If the U.S. economy begins to slide into recession under the weight of these tariffs, the repercussions would extend to many developing economies that rely on U.S. demand. Financial markets reacted sharply, with stock futures falling and investors rotating into traditional safe havens including bonds, gold, and the Japanese yen.

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Trump to Impose New Tariffs on Mexico, Canada, and China Business & Manufacturing Trump to Impose Tariffs on Mexico, Canada, and China, Sparking Economic Concerns President Donald Trump has announced

Trump to Impose New Tariffs on Mexico, Canada, and China
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🏭 Donald Trump escalates tariffs on aluminum and steel to 25%, impacting imports primarily from Canada, Brazil, Mexico, South Korea, and Vietnam. Critics argue this could strain international relations and raise costs for American consumers. What say you? 🌍💸#TradeWars #TariffIncrease

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مزید پڑھیے: www.aaj.tv/news/30434711/

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