The Minister of Solid Minerals Development, Dr Dele Alake, has said that the prevailing barrage of tariffs imposed by the United States (U.S) may be a blessing in disguise for African countries. Alake stated this during the Fireside Chat session on Foreign Direct Investment, titled ‘The Alchemy of Foreign...
Donald trump
By DAVID IORJA, Abuja- President Bola Ahmed Tinubu received a State Department representative from President Donald J. Trump led administration, Mr. Massad Boulos, Senior Advisor for Africa, on Thursday in Paris. A statement issued by the presidential spokesman, Bayo Onanuga, said the meeting focused on developing a strategic economic...
China officially commenced the implementation of its planned retaliatory tariffs on U.S. goods on Thursday, imposing an additional 84 per cent duty on imports from the U.S. The move came after Washington escalated its trade pressure, with U.S. President Donald Trump announcing on Wednesday a new plan to raise...
EU member states on Wednesday approved initial retaliatory tariffs of 10 per cent to 25 per cent on U.S. imports, which the European Commission says will be implemented next week. This includes special levies on items such as jeans and motorcycles from the United States, while U.S.-made whiskey and...
US President Donald Trump said Monday the European Union’s proposal for an exemption from tariffs on industrial products, including cars, is not enough to account for the transatlantic trade deficit. “The European Union has been very, very bad to us, they don’t take our cars, like Japan in that...
US President Donald Trump on Monday threatened huge additional tariffs on imports from China if Beijing did not withdraw its retaliation plans, adding that Washington would begin talks with other countries that want negotiations. The fresh action would stack on an already steep US rate taking effect Wednesday, the...
Israeli Prime Minister, Benjamin Netanyahu, has said he is set to visit the White House on Monday for the second time since U.S. President Donald Trump took office in January. Netanyahu, is the first foreign leader to meet with Trump following his announcement of new global tariffs, said they...
The Federal Government has acknowledged the recent tariff measures announced by the U.S. Government, including imposing a 14 per cent tariff on Nigerian exports. This is contained in a statement signed by Dr Jumoke Oduwole, Minister of Industry, Trade and Investment, on Sunday in Abuja. The News Agency of...
Tens of thousands of protesters flooded the streets of major US cities on Saturday to oppose the divisive policies of President Donald Trump, in the largest demonstrations since his return to the White House. Opponents of the Republican president’s policies — from government staffing cuts to trade tariffs and...
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...
International Monetary Fund (IMF) Managing Director, Kristalina Georgieva, has expressed concerns over new U.S. tariffs, calling them a major risk to the global economy amid ongoing economic sluggishness. She expressed the concerns in a statement, following Tuesday’s announcement of the tariff measures. “We are still assessing the macroeconomic implications...
U.S. President Donald Trump has presented a “Gold Card” that would give rich immigrants the right to stay in the United States indefinitely. “For 5 million dollars this could be yours,” he said on Thursday on board the presidential aircraft Air Force One. Several videos published in the U.S....
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...
Canadian Prime Minister, Mark Carney, has said that sweeping tariffs as announced by U.S. President Donald Trump on Wednesday, would fundamentally change the international trading system. “President Trump has just announced a series of measures that are going to fundamentally change the international trading system,’’ Carney said. Carney was...
The U.S. is part of NATO, and U.S. President Donald Trump made it clear that he supports NATO and that Washington will remain in the alliance. U.S. Secretary of State Marco Rubio said on Thursday: “The U.S. is in NATO, the United States is active as we speak right...
U.S president, Donald Trump has repeated his suggestion that he might seek a third term as US president, NBC News reported, which would defy the two-term limit stipulated in the US constitution. In a Sunday-morning phone call with NBC News, Trump said “I’m not joking,” when asked to clarify...
US President Donald Trump said Sunday he was “very angry, pissed off” with Russian leader Vladimir Putin, NBC reported, marking a sharp change of tone as Washington seeks to end the war in Ukraine. NBC’s Kristen Welker said Trump had called her to express his fury over Putin questioning...
U.S. President Donald Trump has threatened the European Union and Canada with even steeper tariffs than previously planned if they cooperate in causing economic harm to the United States. In a statement on his Truth Social platform, Trump warned that both regions would face more significant tariffs to “protect...
U.S. Chief Justice John Roberts has criticised President Donald Trump and his supporters for advocating the impeachment of judges who have ruled against the administration. “For more than two centuries, it has been established that impeachment is not an appropriate response to disagreement concerning a judicial decision,” Roberts said....
U.S. President, Donald Trump on Monday challenged the legality of Joe Biden’s preemptive pardons for members of the committee investigating the Jan. 6, 2021 unrest. Trump claimed the ex-president knew nothing about it and never signed the papers. “The ‘pardons’ that Biden gave to the committee and many others,...