The Director-GeneraI of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala has said that the recent tariffs announced by the United States would have significant implications for global trade and economic growth prospects. On 2 April, President Donald Trump announced sweeping global tariffs on all imports into the US, imposing 14 percent on Nigeria. In a statement on Thursday, Okonjo-Iweala …

The Maritime Reporters’ Association of Nigeria (MARAN) will be examining the Nigeria-China Currency Swap deal at an event on 15 April. It is coming on the heels of global trade frenzy ignited by United States President Donald Trump’s controversial tariff hike on imports into the country. Themed, “Navigating the Nigeria-Peoples Republic of China Currency Swap: Opportunities and Challenges for Import, Export …

The newly imposed 14 per cent tariff by United States President Donald Trump on exports by Nigerian businesses presents a significant risk to the $10 billion annual exports to that country, potentially disrupting key sectors such as oil export and agricultural trade, experts and trade associations concerned about a potential global trade war stated on Thursday. In separate interviews with …

The live drama staged in the Oval Office on February 28 between United States President Donald Trump and Ukrainian President Volodymyr Zelenskyy was such that Zelenskyy might never have rehearsed in all his former life as a comedian. Except that it wasn’t funny. It was unprecedented. You would need to go back 64 years to find anything nearly as nasty …

Thirty-three world leaders have declared support for Ukrainian President, Volodymyr Zelensky, following a tense meeting between him and United States President, Donald Trump. The world leaders also condemned Russia’s actions in Ukraine. Zelensky and Trump’s meeting at the Oval Office on Friday, with US Vice President, James Vance also in attendance, ended in a deadlock. Discussions at the meeting generated …

US President Donald Trump said Monday that tariffs he unveiled on Canada and Mexico are moving forward as planned, addressing reporters after meeting with French counterpart Emmanuel Macron, who urged for ‘fair competition’ in trade. The two leaders’ talks, which were focused on the conflict in Ukraine, come as Trump has threatened allies and adversaries alike with steep tariffs, sparking …

An appeal court upheld an order on Wednesday blocking President Trump from ending birthright citizenship for children whose parents are in the United States illegally. The emergency request was filed by the Justice Department in an attempt to clear the path for Trump’s executive order, which had been blocked by judges in lower district courts since it was issued in …

President Donald Trump’s decision to suspend US overseas funding could result in millions more deaths from AIDS, the head of the UN’s programme for the illness warned Sunday. The United States is the world’s largest provider of official development assistance, with most funds directed through the United States Agency for International Development (USAID). Trump ordered the bulk of US foreign …

United States President Donald Trump, on Wednesday, said he had a ‘lengthy and highly productive phone call’ with Russian President Vladimir Putin, and the conversation revolved around many topics from AI to the market power of the dollar but the priority was ending the nearly three year-old Ukrainian war. Trump, who has always insisted that Russia would never have invaded …

It’s nearly 20 years since Mark Steyn wrote a non-fiction book, America Alone: The End of the World as We Know It. Steyn, a Canadian newspaper columnist, could not have known that the kicker of this book title, which extolled America as the last bastion of civilisation as we know it, would become the metaphor for a wrecking ball. Steyn thought …