65 m. ago Goldman says devaluation on cards again for Naira as oil sinks

Nigeria may have to devalue its naira again as sliding oil prices triggered by US President Donald Trump’s trade war read more Goldman says devaluation on cards again for Naira as oil sinks

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4 h. 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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3 d. ago European stocks rise over 2% after US tech tariff exemptions

European stock markets rose sharply Monday after the United States announced exemptions from sweeping tariffs for smartphones, laptops, semiconductors and other electronic products, tempering trade war fears. Despite US President Donald Trump suggesting that the exemptions could be short-lived, European stocks rallied around two percent at the start of the week, tracking gains in Asia Read More

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3 d. 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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7 d. ago Oil prices fall further, throwing Nigeria’s budget in turmoil

Oil prices retreated on Thursday as U.S. President Donald Trump ramped up a trade war with China, even as he read more Oil prices fall further, throwing Nigeria’s budget in turmoil

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8 d. ago Trade war escalates: EU slams first round of tariffs on U.S goods

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 other alcoholic beverages were removed from Read More

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8 d. ago China retaliates with 84% tariffs on US products from Thursday

China will impose 84 per cent tariffs on US imports, up from 34 per cent, the finance ministry said Wednesday, hours after similar levies by the United States came into force. US President Donald Trump’s latest salvo of tariffs came into effect on dozens of trading partners Wednesday, bringing duties on Chinese products up to Read More

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8 d. ago Trump’s latest tariffs take effect, upsetting global markets

US President Donald Trump’s “reciprocal” tariffs on dozens of countries took effect on Wednesday, including massive 104% duties on Chinese read more Trump’s latest tariffs take effect, upsetting global markets

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8 d. ago US says 104% tariffs will be imposed on China in trade war escalation

US tariffs on Chinese goods totalling 104 per cent will start being collected from 5am on Wednesday, the White House read more US says 104% tariffs will be imposed on China in trade war escalation

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9 d. ago Trump threatens to hike China tariffs further as market plunge continues – Reuters

A global trade war touched off by U.S. President Donald Trump’s sweeping tariffs escalated further on Monday, as Trump threatened read more Trump threatens to hike China tariffs further as market plunge continues – Reuters

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1 week ago China wants trade cooperation, says trade war benefit no nation

The Consul General of the People’s Republic of China in Lagos, Yan Yuqing, has called for trade cooperation among nations, read more China wants trade cooperation, says trade war benefit no nation

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1 week ago China asks US to reverse wrongful imposition of reciprocal tariffs 

From Aidoghie Paulinus, Abuja   The Chinese Government, has called on the United States Government to correct its wrongful imposition of reciprocal tariffs.           The United States had in an executive order issued on April 2, 2025, announced that it will impose reciprocal tariffs on its major trading partners, including 34-percent […] The post China asks US to reverse wrongful imposition of reciprocal tariffs  appeared first on The Sun Nigeria.

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1 week ago China to impose additional 34% tariff on US goods from April 10

Tribune Online China to impose additional 34% tariff on US goods from April 10 The Chinese government on Friday, said it would slap 34 per cent tariff on all imports of US goods from April 10, after Washington imposed steep new levies on Chinese products. China to impose additional 34% tariff on US goods from April 10 Tribune Online

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1 week ago UPDATED: China announces 34% retaliatory tariffs on US imports

China has announced it will impose additional tariffs of 34 per cent on imports from the US in retaliation for duties of the same amount unveiled by President Donald Trump this week as part of his aggressive trade agenda. The Ministry of Commerce said on Friday that the tariff would be imposed on all imported Read More

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1 week ago BREAKING: China announces 34% retaliatory tariffs on US imports

China has announced it will impose additional tariffs of 34 per cent on imports from the US in retaliation for duties of the same amount unveiled by President Donald Trump this week as part of his aggressive trade agenda. The Ministry of Commerce said on Friday that the tariff would be imposed on all imported Read More

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2 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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2 w. 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

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2 w. 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

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2 w. 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

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2 w. 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

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