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Japanese PM Sanae Takaichi and President Trump shake hands at summit, highlighting economic pledges amid diplomatic harmony.
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Takaichi avoids rift with Trump on Iran at summit

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Japanese Prime Minister Sanae Takaichi met U.S. President Donald Trump at a summit, avoiding a rift over Iran for now. While Japan dodged direct U.S. criticism, experts say the meeting's success should not be overstated. The leaders announced a second round of projects from Tokyo’s $550 billion pledge.

The U.S. and India are close to finalizing an interim trade deal, but gaps persist over pulses and the pacing of tariff reductions. “We’re not that far off from finalizing the interim trade deal, but some gaps remain,” a U.S. official told The Hindu. Washington officials are now addressing details following a Supreme Court ruling.

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China's embassy in Colombia responded to the government's 25% tariffs on steel imports from countries without a free trade agreement, denying unfair competition against the local steel industry. It emphasized that Chinese products are of good quality and competitive prices, accounting for less than 0.3% of total imports in 2025. It warned that restrictions would raise costs in other sectors and harm employment.

Colombia's National Administrative Department of Statistics (DANE) reported that imports in January 2026 reached US$5,902.9 million, up 9.7% from January 2025. This marks the highest January figure in the decade, surpassed only by US$6,050.5 million in 2022.

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Nigeria and the United Kingdom have sealed a £746m landmark deal to rebuild Lagos ports and deepen trade partnership.

Indonesian Ambassador Tatang Budi Utama Razak visited Colombia's Huila department from March 10 to 12, 2026, to carry out an institutional and cultural agenda. The aim was to strengthen cooperation ties in areas such as agriculture, technology, education, culture, and tourism. The visit featured meetings with local authorities, business leaders, and education representatives.

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The United States has extended the African Growth and Opportunity Act until the end of 2026, but ongoing tariff changes continue to undermine its benefits for African countries. South African exports, particularly automobiles, have suffered significant declines due to these uncertainties. Experts highlight increased unpredictability in US-Africa trade relations.

 

 

 

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