4 h. 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, […]

Politics

9 h. ago US tariffs pose ‘destabilising challenges’ to Nigerian trade – Minister

The Federal Government has acknowledged the adverse impact of the newly imposed tariffs by US President Donald Trump on Nigeria’s oil and non-oil exports, which could potentially disrupt trade relations and affect the competitiveness of Nigerian products in the US market. In a statement issued on Sunday, Nigeria’s Minister of Industry, Trade, and Investment, Dr Read More

Politics

21 h. ago Trump’s Tariffs: Experts Challenge Nigeria, Others On Regional Integration

As the retaliatory tariffs announced by United States (US) President Donald Trump continue to send shockwaves across the globe, economic and financial experts, an ex-envoy, and other industry stakeholders have charged the Nigerian government and other African leaders to embark on trade and economic integration to save the continent from the looming global recession. They […]

Politics

37 h. ago At Senegal’s 65th Independence Day, Nigeria Backs Deeper Regional Cooperation

The Nigerian government has described its relationship with Senegal as a strategic partnership built on a foundation of shared history, democratic values and economic interdependence. This followed Vice President Kashim Shettima’s presence at Senegal’s 65th Independence Day Anniversary held at the Place de la Nation in Dakar on Friday. VP Shettima had represented President Bola […]

Politics

37 h. ago Iweala warns Trump’s tariffs could trigger global trade contraction

Ngozi Okonjo-Iweala, director-general of the World Trade Organisation (WTO), has warned of a looming contraction in global merchandise trade following read more Iweala warns Trump’s tariffs could trigger global trade contraction

Events

37 h. ago Nigerians importers want reversal of Trump’s tariffs on China

As President Donald Trump’s tariffs on China and several countries in the world takes effect, the Goods Made in China read more Nigerians importers want reversal of Trump’s tariffs on China

Politics

59 h. 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

Politics

2 d. ago Tariff dispute: Macron calls for suspension of French investment in US 

French President Emmanuel Macron on Thursday urged a halt to new investments in the United States until the clarity surrounding President Donald Trump’s new tariffs is provided, AFP reported. The call came after the US administration imposed broad new levies on its trading partners, including a significant 20 per cent tariff on European Union imports. Read More

Politics

3 d. ago Global Markets reel as US tariffs stoke fear of economic ‘spiral of doom’

President Donald Trump's new tariffs sent shockwaves through global financial markets on Thursday, with the dollar and U.S. stocks. read more Global Markets reel as US tariffs stoke fear of economic ‘spiral of doom’

Politics

3 d. 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

Politics

3 d. ago Trade war: What to know about UK’s retaliatory plans against Trump’s tariffs

Tribune Online Trade war: What to know about UK’s retaliatory plans against Trump’s tariffs The UK is taking a firmer stance against the new US tariffs, signaling a shift in its approach to trade tensions.  The government has announced a consultation with businesses to assess the impact of potential retaliatory measures, keeping all options open while negotiations with the US continue. UK’s Response to the Tariffs The US has […] Trade war: What to know about UK’s retaliatory plans against Trump’s tariffs Tribune Online

Politics

3 d. ago FULL LIST: Nigeria, South Africa, 48 other African countries affected by Trump’s new tariffs

Tribune Online FULL LIST: Nigeria, South Africa, 48 other African countries affected by Trump’s new tariffs Here’s a full list of African countries affected by the new U.S. tariff policy, along with their current tax rates and the tariffs they charge the U.S: FULL LIST: Nigeria, South Africa, 48 other African countries affected by Trump’s new tariffs Tribune Online

Politics

3 d. ago Trump tariffs imposed on uninhabited islands where just penguins live

Donald Trump has been mocked by his critics after his sweeping global tariffs even included islands where no one lives. read more Trump tariffs imposed on uninhabited islands where just penguins live

Politics

3 d. ago ‘US is our closest ally,’ UK Business Secretary insists despite Trump’s tariff

Tribune Online ‘US is our closest ally,’ UK Business Secretary insists despite Trump’s tariff “Nobody wants a trade war, and our intention remains to secure a deal. But nothing is off the table, and the government will do everything necessary to defend the UK’s national interest.” ‘US is our closest ally,’ UK Business Secretary insists despite Trump’s tariff Tribune Online

Politics

3 d. ago US stock futures plummet as investors react to Trump’s tariffs 

Tribune Online US stock futures plummet as investors react to Trump’s tariffs  The impact was quickly felt across global markets. Asian stocks mostly sank on Thursday morning, mirroring Wall Street’s sharp reaction.  US stock futures plummet as investors react to Trump’s tariffs  Tribune Online

Politics

3 d. ago Global markets plunge as Trump’s tariffs trigger trade war fears

Equity markets suffered a bloodbath Thursday after Donald Trump delivered a “haymaker” blow with sweeping tariffs against US partners and rivals, fanning a global trade war that many fear will spark recessions and ramp up inflation. Tokyo’s Nikkei led an Asian selloff, collapsing more than four percent, while US futures plunged, safe haven gold hit Read More

Politics

3 d. ago Liberation Day: Trump slaps heavy tariffs on China, EU, others

US President Donald Trump on Wednesday unveiled a raft of punishing tariffs targeting countries around the world, including some of its closest trading partners, in a move that risks sparking a ruinous trade war. Speaking in the White House Rose Garden against a backdrop of US flags, Trump slapped the most stinging tariffs on China Read More

Politics

4 d. ago Northern elders commend Tinubu, Matawalle over improved security

The Northern Elders Political Development Group has praised President Bola Tinubu, the Minister of State for Defence, Bello Matawalle, and the Chief of Defence Staff, Gen. Christopher Musa, for their collaborative efforts in enhancing security in the North-West region of Nigeria. In a statement issued by its Secretary, Dr. Adamu Giwa, in Kaduna on Tuesday, Read More

Politics

5 d. ago Trade war between US, UK would make everybody poorer – Kemi Badenoch

By Seyi Babalola Kemi Badenoch, the leader of the United Kingdom’s Conservative Party, has explained why UK should avoid a trade war with the United States. Badenoch spoke with journalists on Tuesday about US President Donald Trump’s impending tariffs on the UK. She believes that a trade war between the United States and the United […] The post Trade war between US, UK would make everybody poorer – Kemi Badenoch appeared first on The Sun Nigeria.

Politics

6 d. ago Global stocks update: Stocks sink as tariff jitters fuel rush to bonds

Stocks dropped around the world, bonds climbed and gold hit another record high, with traders bracing for President Donald Trump’s read more Global stocks update: Stocks sink as tariff jitters fuel rush to bonds

Politics