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Tunisia sets fixed price on agricultural products amid inflation

According to the Tunisian Commerce Ministry, some fresh agricultural products have been sold at fixed prices since Monday in order to prevent sharp price increases. The ministry set retail prices for potatoes and onions at 1.4 dinars (0.45 US dollar) per kilogram and 1.2 dinars (0.38 US dollar), respectively.

The Tunisian government announced on Monday that the August inflation rate was 8.6 percent, a new high this year, while food inflation was 12 percent.

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China Hits Back at US Tariffs

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China has imposed a 34% customs duty on all US goods in response to the same rate announced by US President Donald Trump. The move includes trade restrictions on rare earth exports critical to tech and defense industries and the suspension of chicken imports from two US firms.

China also blacklisted 11 American companies, including major defense and tech firms, banning them from trade with Chinese entities. Additionally, China filed a complaint at the World Trade Organization, calling the US tariffs a violation of global trade rules and an act of “unilateral bullying.”

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