Trump Enforces Tariffs; Ukraine Agrees on Ceasefire Plan | Horizons Middle East & Africa 03/12/2025

Global levies on all US steel and aluminum imports take effect with no exceptions. But President Trump has dialed back some tariffs against Canada. Ukraine has accepted a 30-day ceasefire plan, US officials will take the agreement to Russia for negotiations in the 3-year war. Meanwhile negotiations are underway in Qatar for a new round of ceasefire in Gaza after direct talks between the U.S and Hamas sparked concerns in Israel and produced little result. Also on the show, South Africa’s finance minister unveils a revised budget after the first collapsed in a row over tax. Plus, Ghana’s new government has vowed to ‘fix’ the economy in their latest budget. Guests include: Kamal Sharma, Bank of America’s Senior FX Strategist; Christopher Smart, Managing Partner and Founder of Arbroath Group; Fayez Ibbini, Alpha Data’s CEO; Ray Sharma Ong, Aberdeen Head of Multi-Asset Investment Solutions, Southeast Asia; and Charles Russon, Absa Group’s Interim CEO.

Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg.

Chapters:
00:00:00 – Introduction
00:04:58 – US says no exceptions on steel and aluminum tariffs
00:08:35 – Kamal Sharma, Bank of America, Senior FX Strategist
00:19:30 – Gaza ceasefire negotiations in Qatar
00:28:59 – Christopher Smart, Arbroath Group, Managing Partner and Founder
00:39:15 – Fayez Ibbini, Alpha Data, CEO
00:55:58 – Ray Sharma Ong, Aberdeen Head of Multi-Asset Investment Solutions, Southeast Asia
01:01:07 – Ukraine agrees to 30-day ceasefire plan against Russia
01:04:20 – Charles Russon, Absa Group, Interim CEO
01:20:13 – Ghana’s new government vows to ‘fix’ economy with latest budget
01:23:51 – Former President of Philippines, Rodrigo Duterte, to face the ICC
01:28:02 – China piles up pressure on India in its own backyard
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