China will impose a 34 per cent tariff on imports from the United States from April 10, customs authorities announced on Friday. The move comes in retaliation for a 34 per cent duty on Chinese goods announced by U.S. President Donald Trump on Wednesday as part of a sweeping...
China
Beijing on Thursday threatened countermeasures after U.S. President Donald Trump announced new tariffs on Chinese goods, further escalating trade tensions between the world’s two largest economies. The U.S. has already imposed 20 per cent tariffs on Chinese imports, prompting retaliation from Beijing. The latest round, which Trump had announced...
China has endorsed the proposed talks between US President Donald Trump and Russian President Vladimir Putin regarding the resolution of Russia’s war against Ukraine. “Russia and the U.S. are both influential powers, and China welcomes their efforts to strengthen communication and dialogue on a range of international issues,” a...
President Donald Trump on Tuesday announced tariffs of 25per cent on all steel and aluminium imports into the United States (U.S.). The Republican signed orders to this effect at the White House and said that the tariffs would apply without exceptions and to imports from all countries. “This is...
By DANJUMA JOSEPH, Lafia – Governor Abdullahi Sule, of Nasarawa State, has appealed to the citizens of the state especially the youths, to study necessary technical courses that would afford them the opportunity to work in the sprouting Chinese mining companies in the state. The governor, made the call...
China will introduce tariffs of 15 per cent on imports of liquefied natural gas (LNG) products and coal from the United States in response to US tariffs. The Ministry of Finance in Beijing announced on Tuesday. According to the ministry, a 10 per cent tariff will also be applied...
U.S. President Donald Trump’s tariffs on imports from Canada and China are said to be expected to cost U.S. households an average of 964 dollars per year. This is according to calculations by RIA Novosti based on data from the U.S. Census Bureau. On Saturday, Trump signed executive orders...
The European Union on Sunday blasted US President Donald Trump’s sweeping tariffs on Canada, Mexico and China, and said the 27-nation bloc would hit back “firmly” if targeted. Brussels had until now indicated it hoped to avoid a trade conflict with Trump through negotiation. But on Friday the US...
U.S. President has threatened the BRICS group of emerging economies with tariffs of 100 per cent if they move away from the U.S. dollar as an international means of payment. “The idea that the BRICS Countries are trying to move away from the Dollar, while we stand by and...
U.S. President Donald Trump said his conversation with Chinese President Xi Jinping last week was friendly and thought he could reach a trade deal with China. The leaders of the world’s two biggest economies discussed TikTok, trade, and Taiwan among other issues in a phone call before Trump took...
On Saturday night, for the first time in five years, millions of American TikTok users who logged on for a late-night scroll were met with an unwelcome notice that their beloved app had been banned and shut down. Their exile lasted less than 24 hours, ending when the Chinese-owned...
Chinese President Xi Jinping held a telephone conversation with U.S. President-elect Donald Trump on Friday, with Xi congratulating Trump on his re-election as U.S. President. In an official statement by the Foreign Affairs Ministry of China, the conversation was in response to a phone call from Trump. Xi expressed...
President William Ruto said Kenya has started discussions with the United Arab Emirates to secure financing to complete a regional railway after China cut infrastructure funding to the project. The railway connecting the Kenyan port of Mombasa with landlocked neighbours, as part of China’s Belt and Road Initiative, ended...
Chinese Foreign Minister Wang Yi on Thursday pledged Beijing’s full support and military aid for the world’s poorest continent as he wrapped up his Africa tour in Nigeria. Wang began an Africa tour on January 6, visiting Namibia, the Republic of Congo and Chad before winding up his tour...
President Bola Tinubu on Thursday urged the Chinese government to increase the two billion dollar currency swap between Nigeria and China to enhance trade between the two countries. He also called for an upward review of the 50 billion dollar aid package for Africa, which China’s President Xi Jinping...
A man who drove a car into a crowd in Changde City, central China’s Hunan Province, was sentenced to death with a two-year reprieve on Monday for endangering public safety by dangerous means. On Nov. 19, Huang Wen crashed a car into a crowd in Dingcheng District of Changde...
The founder of the Afe Babalola University Ado-Ekiti, Chief Afe Babalola has expressed displeasure at the Federal Government’s delay in granting a free trade zone status to the university. Babalola raised the concern when hosting delegates from the China-Nigeria Consortium on Industry and Education at the ABUAD-China Partnership Forum...
By JOHN ONAH, Abuja – As part of elevation of the China-Nigeria relation to a more comprehensive strategic partnership, the Hunan Province and the Federal Capital Territory Administration have expressed commitment to strengthen cooperation in urban development, cultural education, tourism, environment amongst other areas of interest. The FCT Minister...
U.S. President-elect Donald Trump on Monday said that, once he returns to the White House, he will impose high import tariffs on all goods from Mexico and Canada as well as additional tariffs on Chinese imports. Trump said on Truth Social, the social media platform he co-founded, that he...