34 h. ago Trump’s new tariff regime and Nigeria’s opportunity to rewrite the trade script

In the ever-evolving theatre of global trade, policy decisions taken in Washington can ripple across the globe—from Wall Street to read more Trump’s new tariff regime and Nigeria’s opportunity to rewrite the trade script

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63 h. ago ‘70% Shipment From Nigeria To US Returned Over Trump Tariff Policy’

Since the implementation of Donald Trump’s Tariff Policy, especially, on Africa, more than 70% of shipments sent from Nigeria to the U.S. via airport have either been refused entry or placed on hold. The chief commercial officer, AAJ Express Logistics Limited, Ini Daniel, who disclosed this yesterday, noted that this alarming trend has caused substantial […]

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3 d. ago Tariff turmoil pushes S&P 500 into turbulence following Trump’s return

The S&P 500 has seen sharp swings since Donald Trump’s return to the presidency in November 2024. After hitting a read more Tariff turmoil pushes S&P 500 into turbulence following Trump’s return

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9 d. ago Okon Lagos Advises Tinubu To Exploit Global Trade Tensions Between US, China For Nigeria’s Economic Gain

Nollywood actor Ime Bishop Umoh, popularly known as Okon Lagos, has urged President Bola Tinubu to take advantage of the ongoing trade war between the United States and China. Last Wednesday, US President Donald Trump increased China’s tariff rates from 104 percent to 125 percent, while suspending tariffs for several other countries. In response, China […] The post Okon Lagos Advises Tinubu To Exploit Global Trade Tensions Between US, China For Nigeria’s Economic Gain appeared first on Information Nigeria.

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1 week ago Trump’s Tariff Policies Threaten Nigeria’s Oil Revenue — NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has raised the alarm over the potential threat posed to Nigeria’s oil revenue by renewed protectionist policies rolled out by United State President Donald Trump. NMDPRA’s Chief Executive Officer, Farouk Ahmed, who addressed journalists at the State House on Tuesday, said Trump’s aggressive tariff regime targeting […]

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1 week ago Goldman Sachs profit exceeds expectations, tech shares rally, lifting US stocks

Tech shares led US stocks early Monday following Trump administration tariff exemptions as Wall Street equities began the week on a positive note after last week’s volatility. US officials have listed tariff exemptions for smartphones, laptops, semiconductors and other electronic products for which China is a major source for optimism, lifting shares of Apple, Nvidia Read More

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1 week ago EXPLAINER: Understanding Trump’s tariff policy — and what it means for Nigeria

In a 1988 interview on The Oprah Winfrey Show, Donald Trump, then a 42-year-old real estate mogul with no formal political role, shared a vision that has shaped his presidency decades later. “I’d make our allies pay their fair share,” Trump said, accusing countries like Japan and Kuwait of taking advantage of the United States. Read More

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1 week ago “Trade war has no winners,” Xi tells Vietnam amid Trump’s tariff offensive

Chinese leader Xi Jinping warned that protectionism “leads nowhere” and that a trade war would have “no winners”, state media said, as he arrived in Vietnam on Monday on the first leg of a Southeast Asia tour. Xi will visit Vietnam, Malaysia and Cambodia on his first overseas trip of the year as Beijing seeks Read More

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2 w. ago Oil Prices Regain 3% After Trump’s Pause On Tariffs Increase

Oil prices rose on Wednesday, bouncing back from four-year lows earlier in the session, after U.S. President Donald Trump announced he would further increase tariffs on China but pause the tariff increases he announced last week for most other countries. Trump authorised a 90-day pause as part of his tariff plan but also raised the […]

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2 w. ago Oil prices up 3% after Trump declares pause on most tariffs but higher tariff on China – Reuters

Oil prices climbed on Wednesday, bouncing back from four-year lows earlier in the session, after U.S. President Donald Trump announced read more Oil prices up 3% after Trump declares pause on most tariffs but higher tariff on China – Reuters

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2 w. ago Trump’s tariff gamble: A shock to global trade and Africa’s economic ambitions

President Donald Trump’s broad tariffs announcement on imports from China and other major trading partners is not just a U.S. read more Trump’s tariff gamble: A shock to global trade and Africa’s economic ambitions

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2 w. ago Trump: China hits back with 84% retaliatory tariffs on US goods

China has responded to Donald Trump’s tariff policies by increasing its levies on U.S. imports to more than 80%. The move was announced by China’s Office of the Tariff Commission of the State Council, and it disclosed that the tariffs on US goods would increase from 34% to 84% beginning April 10. China’s retaliation comes […] The post Trump: China hits back with 84% retaliatory tariffs on US goods appeared first on The Sun Nigeria.

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2 w. ago Trump’s Tariffs: Invest In Our Youths, Obi Urges African Leaders

The former presidential candidate of the Labour Party, Peter Obi, has advised African leaders to invest in the huge potential of youthful human capital of over a billion workforce in the continent. Obi said this against the backdrop of the disruptive trade Tariff of the United States President Donald Trump on the continent. He spoke […]

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2 w. ago China Rejects U.S. Tariff Strategy As Trump Hints At Potential Deal

President Donald Trump has indicated that he is awaiting a response from China before proceeding with tariffs exceeding 100%, a move that could signal the possibility of last-minute negotiations. The United States has already imposed a 10% tariff on nearly all imports, with additional tariffs of up to 50% on various trading partners set to […] The post China Rejects U.S. Tariff Strategy As Trump Hints At Potential Deal appeared first on Information Nigeria.

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2 w. ago Trump tariffs: Trade among yourselves, Ecobank advises Nigeria, others

Trade among yourselves to counter trump tariff, Ecobank tells  Nigeria, others The Chief Executive Officer of Ecobank Transnational Inc., Jeremy Awori, has urged African nations to deepen trade among themselves as a buffer against the potential economic impact of new tariffs imposed by United States President Donald Trump. Speaking in an interview with Bloomberg TV, Read More

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2 w. ago Trump tariff sparks black Monday as global equity markets slump

It’s been a black Monday around the world as global equity markets have been melting off the heat from Trump’s read more Trump tariff sparks black Monday as global equity markets slump

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2 w. ago US tariffs may spur local production, AfCFTA push – Analysts

Market watchers have said that the Federal Government may need to drive the pace of local production and participation in the African Continental Free Trade Agreement following the imposition of a 14 per cent tariff on exports from Nigeria to the United States of America. Last Wednesday, US President Donald Trump announced the tariff as Read More

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2 w. ago Federal Gov’t Reacts To Trump’s 14% Tariff On Nigerian Exports

The Federal Government of Nigeria has reacted to the recent imposition of a 14% tariff on Nigerian exports by the United States. LEADERSHIP recalls that the President Donald Trump imposed a 14% tariff against Nigeria, claiming the country operates a trade surplus. However, a statement signed and released on Sunday by the Minister of Industry, […]

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3 w. ago Trump open to tariff flexibility as markets suffer historic drop

Tribune Online Trump open to tariff flexibility as markets suffer historic drop Wall Street recorded its worst trading session since the pandemic-era collapse of 2020. Trump open to tariff flexibility as markets suffer historic drop Tribune Online

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3 w. ago Trade war: Why Russia was excluded from Trump’s tariffs list — Reports

Tribune Online Trade war: Why Russia was excluded from Trump’s tariffs list — Reports Russia was notably absent from US President Donald Trump’s sweeping tariff list. White House Press Secretary, Karoline Leavitt explained that the existing sanctions on Russia “preclude any meaningful trade.” She also pointed out that other countries facing similar sanctions, like Cuba, Belarus, and North Korea, were not included in the tariffs either. This exclusion is […] Trade war: Why Russia was excluded from Trump’s tariffs list — Reports Tribune Online

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