Zero-tariff
Zero-tariff refers to a trade policy where goods are imported without any tariffs. This approach aims to promote free trade and enhance economic cooperation. It can benefit consumers by lowering prices. However, it may also affect local industries. Countries often negotiate zero-tariff agreements to boost exports. Such policies can play a significant role in shaping international trade dynamics.
China will extend zero-tariff treatment to all 53 African countries that maintain diplomatic ties with Beijing from 1 May 2026. The policy covers 20 African countries that are...
April 30, 2026