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Chinese factory activity slowed in September, official data showed Sunday, as the Asian giant’s trade war with the United States showed no sign of abating.
The United States would have most to lose if it started a trade war with other countries, while China would be better off after retaliating, a simulation by the European Central Bank showed on Wednesday.
U.S. President Donald Trump has directed aides to proceed with tariffs on about another $200 billion of Chinese goods, despite Treasury Secretary Steven Mnuchin’s attempts to restart trade talks with China, a source familiar with the matter said.
Hong Kong and Shanghai led a broad sell-off across most Asian markets Monday after Donald Trump threatened to impose tariffs on all Chinese imports, ramping up fears of an all-out trade war between the world's top two economies.
President Donald Trump, on Friday, threatened to place tariffs on all of the Chinese goods imported into the United States, ramping up the already tense trade relations with Beijing.
On July 20, the United States threatened to impose tariffs on all US$500bn worth of Chinese imports. Earlier on July 6, the US announced to impose 25 per cent tariffs on US$34bn worth of Chinese goods. On July 11, the US further escalated by announcing a tariff list of Chinese products worth US$200bn.
US President Donald Trump said in an interview released Friday he is willing to hit all Chinese goods imported to the United States with tariffs if necessary.
President Donald Trump has directed the US Trade Representative to prepare new tariffs on $200bn in Chinese imports as the two nations moved closer to a wider trade war, with Beijing promising retaliation.
The Central Bank of Nigeria (CBN), has come up with fresh incentives for importers as it seeks to replace the use of Dollars with the Yuan as the currency of importation from China. It has also assured Nigerians that it has enough arsenals to defend the Naira.
European stock markets rallied on Friday after Italy reached a new coalition deal, with investors brushing aside trade war fears as they awaited key US jobs data.
The Baale of Ferowa village in Ifo local government area of Ogun state, Chief Muyideen Folorunso, has been arrested by men of Ogun State Police Command for involvement in alleged dubious land deal worth N15.5 million.
Minister of Agriculture and Rural Development, Audu Ogbeh, on Tuesday, admitted the Federal Government’s inability to manage farm implements especially tractors due to the lack of maintenance culture and the inexperienced of operators.
Police in the US state of Ohio arrested a husband and wife and their two sons Tuesday over the “meticulously planned” murder of eight people — seven members of the same family and a fiancee.
Bournemouth striker Callum Wilson says "hunger and desire" drove him to escape non-league football and win an England call-up for the first time.
The Peoples Democratic Party, PDP, has told the ruling All Progressives Congress, APC, that the 2019 election is not about who has more money.
The Inspector General of Police (IGP), Mr Ibrahim Idris, says the Nigeria Police Force will ensure the rule of law and human rights best practices in the discharge of its constitutional mandate.
The Nigeria Customs Service (NCS) eventually impounded the truck smuggled into Nigeria through Ebute Community along Ilaro-Oja border town situated in Yewa-South Local Government Area of Ogun State.
President Muhammadu Buhari has said that a comprehensive policy for improved remuneration for teachers and all public servants is being developed.
Nigeria professional football league outfit, Yobe Desert Stars, has announced Ngozi Elechi as their Chief Coach ahead of next season’s NPFL which kick-off in December.
Outgoing British High Commissioner to Nigeria, Paul Arkwright, yesterday, insisted that both the Shi’ite and security agencies in the country have to take the path of rule of law in their engagements.