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US President Donald Trump and China’s Xi Jinping agreed Saturday to suspend any new tariffs in the escalating trade war between the world’s two largest economies, even if huge existing duties will remain in place.
US President Donald Trump said on Monday he expected to raise punitive tariff rates on hundreds of billions in Chinese imports as early as January 1, 2019.
Despite a worsening tariff war, China's trade surplus with the United States has widened to a record $34.1bn in September.
The US State Department is ready to sell a batch of military parts to Taiwan, officials said Monday, the same day President Donald Trump’s latest round of tariffs against Chinese imports took effect.
President Donald Trump on Tuesday accused China of seeking to influence upcoming US elections by taking aim at his political support base in the countries’ escalating trade war.
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.
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.
Chinese embassy in Washington has issued a security advisory to Chinese nationals traveling to the US, the latest of such warning as trade tensions escalate between the two countries.
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.
US President Donald Trump on Friday announced tariffs of 25 percent targeting $50 billion in Chinese imports from “industrially significant” technologies, making good on a pledge to punish the alleged theft of American intellectual property.
US President Donald Trump looming TikTok ban may only be the beginning of the popular video app’s headaches, as a growing number of nations are becoming suspicious of its ties to China.
The announcement by Shoprite Holdings Limited, the South African supermarket chain operator, of a formal process to consider the potential sale of all or a majority stake in its Retail Supermarkets Nigeria Limited may be an opporunity for Nigerian investors, the Nigerian Investment Promotion Commission (NIPC) has said.
The former Minister of Finance, Kemi Adeosun, and the incumbent Minister of Finance, Budget and National Planning, Zainab Ahmed, are expected to appear in person before the House of Representatives Committee on Public Accounts to give accounts on the sum of 1.7 trillion naira appropriated for the implementation of National Social Investment Programmes from 2016 to 2019.
The Independent National Electoral Commission (INEC), in Edo State, has tendered apology to the residents of the state, especially those who turned 18 this year, for not being able to participate in the September 19 governorship election in the state.
Pope Francis has appointed six women to the Vatican's economic council, a first for the financial watchdog overseeing the administrative and financial structures of the Holy See.
Arsenal have announced they will have to make 55 staff members redundant due to the financial implications of the ongoing pandemic.
Chairman of the Edo State Peoples Democratic Party (PDP) Campaign Council for the 2020 governorship poll, Chief Dan Orbih, has insisted that everything that the former National Chairman of the All Progressives Congress (APC), Comrade Adams Oshiomhole, said about the APC candidate, Pastor Osagie Ize-Iyamu, in 2016 was correct and should inform their decision in the coming election.
China’s manufacturing activity expanded in July at the fastest pace in almost a decade, according to a private survey released on Monday, though employment continued to drop in the wake of the coronavirus crisis.
Coronavirus deaths across the world have surpassed 700, 000, as cases continue to surge in countries yet to reach the peak of infections.
There was a high turnout of students as schools resumed in Abuja following the Federal Government’s directive that schools should reopen for students in exit classes.