tariffs

Trump Threatens Tariff Surge As China Restricts Rare Earths

October 10, 2025 2:57 pm

President Donald Trump on Friday said there appears to be “no reason” to meet with Chinese leader Xi Jinping during his upcoming trip to South Korea, while threatening a “massive increase” in tariffs after China moved to tighten export controls on rare earth elements. Trump made the remarks in a post on his Truth Social platform.

Trump accused China of attempting to “hold the global economy hostage” after Beijing expanded controls over rare earth exports, materials critical for industries ranging from electronics to defense.

He said one of the Policies that they are calculating at the moment was a massive …

China To Exempt ‘Some’ US Soybean, Pork From Tariffs

December 6, 2019 3:49 pm

China will waiver tariffs on “some” imports of US soybean and pork, it said on Friday, in the latest sign of easing trade tensions between Beijing and Washington as they try to finalise a partial trade pact.

The world’s two biggest economies have exchanged blows for more than a year, with levies now imposed on hundreds of billions of dollars in two-way trade.

The olive branch comes as the two sides edge towards a mini agreement Washington says includes a Chinese promise to increase the purchase of US farm products. It is also just before a fresh round of …

Airport Officials Caught Taking Bribe Will Be Barred – FAAN

FAAN Seeks Review Of Service Tariffs

December 6, 2019 1:20 pm

The Federal Airport Authority of Nigeria (FAAN) is seeking the review of its service rates and tariff to reflect current economic realities.

Managing Director/CEO of FAAN, Capt. Rabiu Yadudu who stated this during the visit of members of the House of the Representatives Committee on Aviation to the Murtala Muhammed Airport, Lagos lamented the inability to get the requisite government and regulatory permits to review the charges.

“We have challenges with bureaucracies, bottlenecks and delays in the review of rates and tariff on services,” Yadudu said.
“The last time FAAN reviewed her charges was in 2011, over seven years ago …

Trump Will Not Impose Tariffs On EU Cars

November 8, 2019 8:43 am

The outgoing president of the European Commission Jean-Claude Juncker said Friday he believes the US will not impose new tariffs on imported European cars in the coming days.

President Donald Trump’s administration has been threatening since last year to impose tariffs on auto imports to defend the US automaking sector, a symbol of American manufacturing.After postponing such measures in May, Trump is due to decide by mid-November whether to impose the supplemental tariffs on cars built in EU countries — a step particularly feared by the big German automakers.

But in an interview with a German newspaper, Juncker said he

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Trump to announce re-election bid at Florida rally

Trump administration raises tariffs on Chinese imports

May 10, 2019 8:47 am

Well now it’s getting real. The Trump administration raised tariffs on $200 billion worth of Chinese imports just after midnight. The tariffs went from 10% to 25%. China promised it will hit back. US and Chinese negotiators will resume trade talks later today in Washington.

US consumers haven’t really felt the bite of tariffs so far, but that could change with this round because these expanded tariffs could result in a 25% tax on almost everything else the US imports from China.

So that means your shoes, toys and iPhones …