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African farmers look to the past and the future to address climate change

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African farmers look to the past and the future to address climate change
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African farmers look to the past and the future to address climate change

2024-04-28 14:58 Last Updated At:16:18

HARARE, Zimbabwe (AP) — From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking to the past and future to respond to climate change.

Africa, with the world's youngest population, faces the worst effects of a warming planet while contributing the least to the problem. Farmers are scrambling to make sure the booming population is fed.

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Farmers process climate-smart beans in Machakos, Kenya, Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

HARARE, Zimbabwe (AP) — From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking to the past and future to respond to climate change.

Packed climate-smart beans are seen at a processing facility in Machakos, Kenya Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

Packed climate-smart beans are seen at a processing facility in Machakos, Kenya Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

Farmers sort out climate-smart beans in Machakos, Kenya, Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

Farmers sort out climate-smart beans in Machakos, Kenya, Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

Workers check the growth of tomato seedlings at a greenhouse on the outskirts of Mogadishu, Somalia, Sunday, March 10, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku) (AP Photo/Farah Abdi Warsameh)

Workers check the growth of tomato seedlings at a greenhouse on the outskirts of Mogadishu, Somalia, Sunday, March 10, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku) (AP Photo/Farah Abdi Warsameh)

Plant pathologist Sila Nzioki sorts out dried climate-smart beans after checking them on a microscope at a plant pathology laboratory at the Kenya Agricultural and Livestock Research Organization (KALRO) Katumani Research Centre in Machakos, Kenya, Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

Plant pathologist Sila Nzioki sorts out dried climate-smart beans after checking them on a microscope at a plant pathology laboratory at the Kenya Agricultural and Livestock Research Organization (KALRO) Katumani Research Centre in Machakos, Kenya, Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

Plant pathologist Sila Nzioki looks at dried climate-smart beans using a microscope at a plant pathology laboratory at the Kenya Agricultural and Livestock Research Organization (KALRO) Katumani Research Centre, in Machakos, Kenya Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

Plant pathologist Sila Nzioki looks at dried climate-smart beans using a microscope at a plant pathology laboratory at the Kenya Agricultural and Livestock Research Organization (KALRO) Katumani Research Centre, in Machakos, Kenya Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

Farmers sort out climate-smart beans in Machakos, Kenya, Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

Farmers sort out climate-smart beans in Machakos, Kenya, Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

Farmers sort out climate-smart beans in Machakos, Kenya, Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

Farmers sort out climate-smart beans in Machakos, Kenya, Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

James Tshuma, a small scale farmer, shows some of his vegetables he planted in a small garden at his home, in Mangwe district in Zimbabwe, on Friday, March 22, 2024. Tshuma has lost hope of harvesting anything from his fields. But a patch of green vegetables is thriving in a small garden the 65-year-old is keeping alive with homemade organic manure and fertilizer. (AP Photo/Tsvangirayi Mukwazhi)

James Tshuma, a small scale farmer, shows some of his vegetables he planted in a small garden at his home, in Mangwe district in Zimbabwe, on Friday, March 22, 2024. Tshuma has lost hope of harvesting anything from his fields. But a patch of green vegetables is thriving in a small garden the 65-year-old is keeping alive with homemade organic manure and fertilizer. (AP Photo/Tsvangirayi Mukwazhi)

James Tshuma, a small scale farmer, holds some of the plant residue he uses to take care of his garden in Mangwe district in Zimbabwe, Friday, March 22, 2024. Tshuma has lost hope of harvesting anything from his fields. But a patch of green vegetables is thriving in a small garden the 65-year-old is keeping alive with homemade organic manure and fertilizer. (AP Photo/Tsvangirayi Mukwazhi)

James Tshuma, a small scale farmer, holds some of the plant residue he uses to take care of his garden in Mangwe district in Zimbabwe, Friday, March 22, 2024. Tshuma has lost hope of harvesting anything from his fields. But a patch of green vegetables is thriving in a small garden the 65-year-old is keeping alive with homemade organic manure and fertilizer. (AP Photo/Tsvangirayi Mukwazhi)

James Tshuma, a small scale farmer, holds a dried up maize crop in his field in Mangwe district, Zimbabwe, Friday, March 22, 2024. Tshuma has lost hope of harvesting anything from his fields. But a patch of green vegetables is thriving in a small garden the 65-year-old is keeping alive with homemade organic manure and fertilizer. (AP Photo/Tsvangirayi Mukwazhi)

James Tshuma, a small scale farmer, holds a dried up maize crop in his field in Mangwe district, Zimbabwe, Friday, March 22, 2024. Tshuma has lost hope of harvesting anything from his fields. But a patch of green vegetables is thriving in a small garden the 65-year-old is keeping alive with homemade organic manure and fertilizer. (AP Photo/Tsvangirayi Mukwazhi)

With over 60% of the world’s uncultivated land, Africa should be able to feed itself, some experts say. And yet three in four people across the continent cannot afford a healthy diet, according to a report last year by the African Union and United Nations agencies. Reasons include conflict and lack of investment.

In Zimbabwe, where the El Nino phenomenon has worsened a drought, small-scale farmer James Tshuma has lost hope of harvesting anything from his fields. It's a familiar story in much of the country, where the government has declared a $2 billion state of emergency and millions of people face hunger.

But a patch of green vegetables is thriving in a small garden the 65-year-old Tshuma is keeping alive with homemade organic manure and fertilizer. Previously discarded items have again become priceless.

“This is how our fathers and forefathers used to feed the earth and themselves before the introduction of chemicals and inorganic fertilizers,” Tshuma said.

He applies livestock droppings, grass, plant residue, remains of small animals, tree leaves and bark, food scraps and other biodegradable items like paper. Even the bones of animals that are dying in increasing numbers due to the drought are burned before being crushed into ash for their calcium.

Climate change is compounding much of sub-Saharan Africa’s longstanding problem of poor soil fertility, said Wonder Ngezimana, an associate professor of crop science at Zimbabwe’s Marondera University of Agricultural Sciences and Technology.

“The combination is forcing people to re-look at how things were done in the past like nutrient recycling, but also blending these with modern methods," said Ngezimana, whose institution is researching the combination of traditional practices with new technologies.

Apart from being rich in nitrogen, organic fertilizers help increase the soil’s carbon and ability to retain moisture, Ngezimana said. “Even if a farmer puts synthetic fertilizer into the soil, they are likely to suffer the consequences of poor moisture as long as there is a drought,” he said.

Other moves to traditional practices are under way. Drought-resistant millets, sorghum and legumes, staples until the early 20th century when they were overtaken by exotic white corn, have been taking up more land space in recent years.

Leaves of drought-resistant plants that were once a regular dish before being cast off as weeds are returning to dinner tables. They even appear on elite supermarket shelves and are served at classy restaurants, as are millet and sorghum.

This could create markets for the crops even beyond drought years, Ngezimana said.

In conflict-prone Somalia in East Africa, greenhouses are changing the way some people live, with shoppers filling up carts with locally produced vegetables and traditionally nomadic pastoralists under pressure to settle down and grow crops.

“They are organic, fresh and healthy,” shopper Sucdi Hassan said in the capital, Mogadishu. “Knowing that they come from our local farms makes us feel secure."

Her new shopping experience is a sign of relative calm after three decades of conflict and the climate shocks of drought and flooding.

Urban customers are now assured of year-round supplies, with more than 250 greenhouses dotted across Mogadishu and its outskirts producing fruit and vegetables. It is a huge leap.

“In the past, even basic vegetables like cucumbers and tomatoes were imported, causing logistical problems and added expenses,” said Somalia’s minister of youth and sports, Mohamed Barre.

The greenhouses also create employment in a country where about 75% of the population is people under 30 years old, many of them jobless.

About 15 kilometers (9 miles) from the capital, Mohamed Mahdi, an agriculture graduate, inspected produce in a greenhouse where he works.

“Given the high unemployment rate, we are grateful for the chance to work in our chosen field of expertise,” the 25-year-old said.

Meanwhile, some pastoralist herders are being forced to change their traditional ways after watching livestock die by the thousands.

“Transitioning to greenhouse farming provides pastoralists with a more resilient and sustainable livelihood option,” said Mohamed Okash, director of the Institute of Climate and Environment at SIMAD University in Mogadishu.

He called for larger investments in smart farming to combat food insecurity.

In Kenya, a new climate-smart bean variety is bringing hope to farmers in a region that had recorded reduced rainfall in six consecutive rainy seasons.

The variety, called “Nyota" or "star” in Swahili, is the result of a collaboration between scientists from the Kenya Agricultural and Livestock Research Organization, the Alliance of Bioversity International and research organization International Center for Tropical Agriculture.

The new bean variety is tailored for Kenya’s diverse climatic conditions. One focus is to make sure drought doesn’t kill them off before they have time to flourish.

The bean variety flowers and matures so quickly that it is ready for harvesting by the time rains disappear, said David Karanja, a bean breeder and national coordinator for grains and legumes at KALRO.

Hopes are that these varieties could bolster national bean production. The annual production of 600,000 metric tons falls short of meeting annual demand of 755,000 metric tons, Karanja said.

Farmer Benson Gitonga said his yield and profits are increasing because of the new bean variety. He harvests between nine and 12 bags from an acre of land, up from the previous five to seven bags.

One side benefit of the variety is a breath of fresh air.

“Customers particularly appreciate its qualities, as it boasts low flatulence levels, making it an appealing choice,” Gitonga said.

Tiro reported from Nairobi, Kenya and Faruk reported from Mogadishu, Somalia.

The Associated Press receives financial support for global health and development coverage in Africa from the Bill & Melinda Gates Foundation Trust. The AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.

AP Africa news: https://apnews.com/hub/africa

Farmers process climate-smart beans in Machakos, Kenya, Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

Farmers process climate-smart beans in Machakos, Kenya, Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

Packed climate-smart beans are seen at a processing facility in Machakos, Kenya Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

Packed climate-smart beans are seen at a processing facility in Machakos, Kenya Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

Farmers sort out climate-smart beans in Machakos, Kenya, Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

Farmers sort out climate-smart beans in Machakos, Kenya, Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

Workers check the growth of tomato seedlings at a greenhouse on the outskirts of Mogadishu, Somalia, Sunday, March 10, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku) (AP Photo/Farah Abdi Warsameh)

Workers check the growth of tomato seedlings at a greenhouse on the outskirts of Mogadishu, Somalia, Sunday, March 10, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku) (AP Photo/Farah Abdi Warsameh)

Plant pathologist Sila Nzioki sorts out dried climate-smart beans after checking them on a microscope at a plant pathology laboratory at the Kenya Agricultural and Livestock Research Organization (KALRO) Katumani Research Centre in Machakos, Kenya, Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

Plant pathologist Sila Nzioki sorts out dried climate-smart beans after checking them on a microscope at a plant pathology laboratory at the Kenya Agricultural and Livestock Research Organization (KALRO) Katumani Research Centre in Machakos, Kenya, Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

Plant pathologist Sila Nzioki looks at dried climate-smart beans using a microscope at a plant pathology laboratory at the Kenya Agricultural and Livestock Research Organization (KALRO) Katumani Research Centre, in Machakos, Kenya Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

Plant pathologist Sila Nzioki looks at dried climate-smart beans using a microscope at a plant pathology laboratory at the Kenya Agricultural and Livestock Research Organization (KALRO) Katumani Research Centre, in Machakos, Kenya Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

Farmers sort out climate-smart beans in Machakos, Kenya, Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

Farmers sort out climate-smart beans in Machakos, Kenya, Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

Farmers sort out climate-smart beans in Machakos, Kenya, Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

Farmers sort out climate-smart beans in Machakos, Kenya, Monday, March 18, 2024. From ancient fertilizer methods in Zimbabwe to new greenhouse technology in Somalia, farmers across the heavily agriculture-reliant African continent are looking both to the past and future to respond to climate change. (AP Photo/Andrew Kasuku)

James Tshuma, a small scale farmer, shows some of his vegetables he planted in a small garden at his home, in Mangwe district in Zimbabwe, on Friday, March 22, 2024. Tshuma has lost hope of harvesting anything from his fields. But a patch of green vegetables is thriving in a small garden the 65-year-old is keeping alive with homemade organic manure and fertilizer. (AP Photo/Tsvangirayi Mukwazhi)

James Tshuma, a small scale farmer, shows some of his vegetables he planted in a small garden at his home, in Mangwe district in Zimbabwe, on Friday, March 22, 2024. Tshuma has lost hope of harvesting anything from his fields. But a patch of green vegetables is thriving in a small garden the 65-year-old is keeping alive with homemade organic manure and fertilizer. (AP Photo/Tsvangirayi Mukwazhi)

James Tshuma, a small scale farmer, holds some of the plant residue he uses to take care of his garden in Mangwe district in Zimbabwe, Friday, March 22, 2024. Tshuma has lost hope of harvesting anything from his fields. But a patch of green vegetables is thriving in a small garden the 65-year-old is keeping alive with homemade organic manure and fertilizer. (AP Photo/Tsvangirayi Mukwazhi)

James Tshuma, a small scale farmer, holds some of the plant residue he uses to take care of his garden in Mangwe district in Zimbabwe, Friday, March 22, 2024. Tshuma has lost hope of harvesting anything from his fields. But a patch of green vegetables is thriving in a small garden the 65-year-old is keeping alive with homemade organic manure and fertilizer. (AP Photo/Tsvangirayi Mukwazhi)

James Tshuma, a small scale farmer, holds a dried up maize crop in his field in Mangwe district, Zimbabwe, Friday, March 22, 2024. Tshuma has lost hope of harvesting anything from his fields. But a patch of green vegetables is thriving in a small garden the 65-year-old is keeping alive with homemade organic manure and fertilizer. (AP Photo/Tsvangirayi Mukwazhi)

James Tshuma, a small scale farmer, holds a dried up maize crop in his field in Mangwe district, Zimbabwe, Friday, March 22, 2024. Tshuma has lost hope of harvesting anything from his fields. But a patch of green vegetables is thriving in a small garden the 65-year-old is keeping alive with homemade organic manure and fertilizer. (AP Photo/Tsvangirayi Mukwazhi)

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Stock market today: Wall Street drifts around the edge of its record

2024-05-14 00:56 Last Updated At:01:00

NEW YORK (AP) — U.S. stocks are drifting around the edge of their record heights on Monday.

The S&P 500 was edging 0.1% in afternoon trading and pulling within 0.5% of its record set at the end of March. The Dow Jones Industrial Average was down 11 points, or less than 0.1%, as of 12:51 p.m. Eastern time, and the Nasdaq composite was 0.3% higher.

Stocks have rallied this month following a rough April on revived hopes that inflation may ease enough to convince the Federal Reserve to cut its main interest rate later this year. A key test for those hopes will arrive Wednesday, when the U.S. government offers the latest monthly update on inflation that households are feeling across the country.

Other reports this week include updates on inflation that wholesalers are seeing and sales at U.S. retailers. They could show whether fears are warranted about a worst-case scenario for the country, where stubbornly high inflation forms a devastating combination with a stagnating economy.

Hopes have climbed that the economy can avoid what’s called “stagflation” and hit the bull’s eye where it cools enough to get inflation under control but stays sturdy enough to avoid a bad recession. Federal Reserve Chair Jerome Powell also gave financial markets comfort when he recently said the U.S. central bank remains closer to cutting rates than to raising them, even if inflation has remained hotter than forecast so far this year.

The Fed has been holding its main interest rate at the highest level in more than two decades in hopes of slowing down the overall economy to force inflation lower.

Some critics are saying the Fed may end up having to delay rate cuts for longer than traders expect because of continued pressure on inflation. The goal for inflation that "the Fed seeks is a pipe dream,” according to Barry Bannister, a managing director at Stifel.

He says all the downward pressure on inflation that an economy usually gets from a recession has already been wrung out following the U.S. economic slowdown from 2022 into 2023, and he expects the next big move of 500 points for the S&P 500 to be downward.

In the meantime, a stream of stronger-than-expected reports on U.S. corporate profits has also helped to support the market. Companies in the S&P 500 are on track to report growth of 5.4% for their earnings per share in the first three months of the year versus a year earlier, according to FactSet. That would be the best growth in nearly two years.

Much of the growth, once again, has come from the big “Magnificent Seven” companies that accounted for most of the stock market’s returns last year, including Alphabet, Meta Platforms and Microsoft. But more companies across the index than usual have been topping analysts’ forecasts for profit during the first quarter.

Earnings season has nearly finished, and reports are already in for more than 90% of companies in the S&P 500. But this upcoming week includes Walmart and several other big names. They could offer more detail about how U.S. households are faring.

Worries have been rising about cracks showing in spending by U.S. consumers, which has been one of the bedrocks keeping the economy out of a recession. Lower-income households appear to be under particularly heavy strain because of still-high inflation and higher credit-card rates.

On Wall Street, Incyte climbed 8.3% after saying it would buy back up to $2 billion of its stock. The biopharmaceutical company is the latest to say it will return cash to shareholders through such purchases, which can goose the amount of earnings that each remaining share is entitled to.

GameStop soared 71.8% in a swing reminiscent of its maniacal moves a little over three years ago. That’s when hordes of smaller-pocketed and novice investors sent the stock’s price way above what many financial analysts and professional investors called rational.

One believer in particular, who goes by the nickname Roaring Kitty, helped lead the charge, and a post on a social media account linked to him was stirring more adrenaline. Within the first 70 minutes of trading, trading of GameStop's stock was temporarily halted nine times because its price was swinging so severely.

In the bond market, Treasury yields were easing. The yield on the 10-year Treasury slipped to 4.47% from 4.50% late Friday.

In stock markets abroad, Chinese indexes were mixed. The Biden administration is expected to announce this week that it will raise tariffs on electric vehicles, semiconductors, solar equipment, and medical supplies imported from China, according to people familiar with the plan. Tariffs on electric vehicles, in particular, could quadruple to 100%.

Indexes slipped 0.2% in Shanghai and rose 0.8% in Hong Kong. Elsewhere in Asia and in Europe, they were mostly modestly lower.

AP Writer Zimo Zhong contributed.

FILE - People walk past the New York Stock Exchange on March. 21, 2024. World stocks are mixed on Monday, May 13, 2024, after Wall Street coasted to the close of another winning week. U.S. futures and oil prices were higher. (AP Photo/Yuki Iwamura, File)

FILE - People walk past the New York Stock Exchange on March. 21, 2024. World stocks are mixed on Monday, May 13, 2024, after Wall Street coasted to the close of another winning week. U.S. futures and oil prices were higher. (AP Photo/Yuki Iwamura, File)

FILE - American flags hang from the front the New York Stock Exchange, right, on April 11, 2024 in New York. Global shares are trading higher on Friday, May 10, 2024, after a rally on Wall Street that pulled the S&P 500 back within 1% of its record. (AP Photo/Peter Morgan, File)

FILE - American flags hang from the front the New York Stock Exchange, right, on April 11, 2024 in New York. Global shares are trading higher on Friday, May 10, 2024, after a rally on Wall Street that pulled the S&P 500 back within 1% of its record. (AP Photo/Peter Morgan, File)

Currency traders watch computer monitors near the screen showing the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Monday, May 13, 2024. Asian stocks were mostly lower on Monday after Wall Street coasted to the close of another winning week. (AP Photo/Lee Jin-man)

Currency traders watch computer monitors near the screen showing the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Monday, May 13, 2024. Asian stocks were mostly lower on Monday after Wall Street coasted to the close of another winning week. (AP Photo/Lee Jin-man)

Currency traders watch computer monitors near the screen showing the Korea Composite Stock Price Index (KOSPI) at a foreign exchange dealing room in Seoul, South Korea, Monday, May 13, 2024. Asian stocks were mostly lower on Monday after Wall Street coasted to the close of another winning week.(AP Photo/Lee Jin-man)

Currency traders watch computer monitors near the screen showing the Korea Composite Stock Price Index (KOSPI) at a foreign exchange dealing room in Seoul, South Korea, Monday, May 13, 2024. Asian stocks were mostly lower on Monday after Wall Street coasted to the close of another winning week.(AP Photo/Lee Jin-man)

Currency traders watch computer monitors near the screen showing the Korean Securities Dealers Automated Quotations (KOSDAQ) and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Monday, May 13, 2024. Asian stocks were mostly lower on Monday after Wall Street coasted to the close of another winning week.(AP Photo/Lee Jin-man)

Currency traders watch computer monitors near the screen showing the Korean Securities Dealers Automated Quotations (KOSDAQ) and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Monday, May 13, 2024. Asian stocks were mostly lower on Monday after Wall Street coasted to the close of another winning week.(AP Photo/Lee Jin-man)

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