Trade

U.S. Treasury Secretary Scott Bessent arrived in South Korea on Wednesday for talks with a Chinese official ahead of a summit between Presidents Donald Trump and Xi Jinping.

May 11, 2026 Reported by AI

The Kenya Transporters Association has condemned the reported detention of Kenyan drivers leaders by Ugandan authorities. The arrests followed the leaders role in resolving a trucking standoff between Uganda and South Sudan. Drivers have launched a strike at the Malaba and Busia borders disrupting cargo movement.

The Cleveland Guardians acquired catcher Patrick Bailey from the San Francisco Giants on Saturday in exchange for left-handed pitching prospect Matt Wilkinson and the 29th overall pick in the 2026 MLB Draft.

May 09, 2026 Reported by AI

The first shipment of Kenyan avocados reached China on May 8 under a new zero-tariff agreement that began on May 1. Chinese authorities confirmed the arrival of 6.9 tonnes of the fruit alongside South African apples. The deal removes duties on 98.2 per cent of Kenyan exports to help balance trade.

Colombian exports reached US$5.315.9 million FOB in March 2026, up 20.9% from March 2025, according to the Dane. The growth was driven mainly by a 149.2% rise in the other sectors group, led by non-monetary gold. For the first quarter, exports totaled US$13,809.5 million, a 15.5% increase.

May 04, 2026 Reported by AI Fact checked

An Ohio entrepreneur who imports sneaker accessories is trying to recover roughly $25,000 in duties after the U.S. Supreme Court ruled in February that President Donald Trump’s broad “emergency” tariffs were not authorized under the International Emergency Economic Powers Act. U.S. Customs and Border Protection opened an online claims system on April 20, but trade attorneys and policy analysts say the process remains paperwork-heavy and could leave some refund money unclaimed.