trade

Trump Slaps Tariffs on Japan, South Korea, South Africa; Sets August 1 Trade Deadline

Trump Slaps Tariffs on Japan, South Korea, South Africa; Sets August 1 Trade Deadline

U.S. President Donald Trump escalated global trade tensions on Monday by announcing new tariffs of 25% on imports from Japan,… Read More

4 weeks ago

Trump Threatens 10% Tariff on BRICS- “Anti-American” Policies

U.S. President Donald Trump has warned of an additional 10% tariff on any nation aligning with what he termed the… Read More

4 weeks ago

EU Agrees to Trump’s Universal Tariffs, Pushes for Key Sector Exemptions

The Europian Union (EU) is prepared to accept a 10% US-led across-the-board tariff on a broad range of its exports… Read More

1 month ago

Canada Drops Digital Services Tax to Revive Trade Talks with Trump

Canada has withdrawn its planned digital services tax targeting U.S. technology giants, just hours before it was due to take… Read More

1 month ago

$7.7 Trillion Global Halal Economy: Can Nigeria Ride the Halal Wave to Global Prominence?

The global halal economy has been projected to reach $7.7 trillion by 2025. It had only stood at $3.2 trillion… Read More

1 month ago

Nigeria’s Non-Oil Exports Surge 30.39% to US$2.66 billion in Q1 2025

Nigeria’s non-oil exports surged 30.39% to US$2.66 billion in Q1 2025, signaling a push towards a more diversified economy away… Read More

1 month ago

U.S. Industrial Production Falls in May Amid Weak Demand, Tariff Uncertainty

U.S. industrial production contracted in May 2025, marking its second decline in three months, driven by a sharp drop in… Read More

2 months ago

US, China Agree Trade Truce in London

U.S. and Chinese officials on Tuesday they agreed on a framework to get their trade truce back on track and… Read More

2 months ago

US Court Slams Trump’s Global Tariffs, Rules Them Illegal

A US trade court ruled that President Donald Trump's sweeping tariffs are illegal, handing the administration a blow in its… Read More

2 months ago

Nigeria’s Letter of Credit Transactions Rise to $268M Amid FX Pressures and Debt Burden

Nigeria's Letter of Credit (LC) transactions for international trade surged by 3.7% year-on-year in the first four months of 2025,… Read More

2 months ago