By Ace Omozuwa If there is any modicum of truth in the statement attributed to President Donald Trump of America that his Nigerian counterpart President Muhammad Buhari is lifeless, then, […]
EU will retaliate if U.S. imposes car tariffs, Juncker warns
European Commission President, Jean-Claude Juncker, has said he hoped a July “ceasefire agreement” with U.S. President, Donald Trump, to refrain from imposing car tariffs would prevail. He added that the […]
U.S. says China overloading poor nations with debt
The Head of U.S. Overseas Private Investment Corporation (OPIC), Ray Washburne, on Monday said China is saddling poor nations with unsustainable debt through large-scale infrastructure projects that are not […]
Tariff threats: China accuses U.S. of ‘opening fire’ on world
China on Thursday warned that the United States is “opening fire” on the world with its threatened tariffs. It said no one wants a trade war but will respond the […]
EU warns of countermeasures over U.S. auto tariffs
The European Union on Monday warned that up to $294 billion worth of US exports would face counter-measures if President Donald Trump went through with his threat to slap duties […]
Automakers says U.S. tariffs will cost jobs, hike prices
Two major auto trade groups have warned the Trump administration that imposing up to 25 percent tariffs on imported vehicles would cost hundreds of thousands of auto jobs. A coalition […]
China alleges blackmail over threats of fresh US tariffs
China on Tuesday accused United States of blackmail and warned it would retaliate in kind after Donald Trump threatened to impose fresh tariffs on Chinese goods. Trump on Monday said […]
Tariff negotiations with U.S impossible- China
China on Monday stepped up its attacks on the Trump administration over billions of dollars’ worth of threatened tariffs, saying Washington is to blame for trade frictions. It also added […]
U.S. trade tariffs: China vows to fight back
China on Friday vowed it would fight back “at any cost” with fresh trade measures if the United States continues on its path of protectionism. The announcement came hours after […]
Oil prices rise over possible extension of output cuts
Crude oil prices rose on Friday after the Saudi Energy Minister, Khalid al-Falih, said OPEC would need to keep coordinating supply cuts with non-member countries including Russia into 2019. The […]
U.S. tariffs: EU to seek WTO redress over non-exemption
The European Union says it expects to be excluded from U.S. steel and aluminum tariffs but will go to the World Trade Organization (WTO) to impose its own measures if […]
World Bank chief says U.S. tariffs could affect global trade
The Chief Executive of the World Bank, Kristalina Georgieva, on Thursday urged US President, Donald Trump, to be “careful” before imposing controversial steel and aluminum tariffs, warning that they could […]