Connect with us

News

China Hits Back With Tariffs and Google Investigation After US Trade Restrictions

Published

on

Photo source: Google

China is gearing up to hit back at the U.S. with new tariffs on certain American imports, along with an antitrust investigation into Google set for Tuesday.

The move comes in response to a broad tariff hike on Chinese goods ordered by former U.S. President Donald Trump. Meanwhile, planned U.S. tariffs on imports from Canada and Mexico were temporarily put on hold for 30 days after both countries took steps to address Trump’s concerns over border security and drug trafficking.

Trump is also preparing for talks with Chinese President Xi Jinping, with White House Press Secretary Karoline Leavitt confirming, “It’s being scheduled and will happen very soon.”

This isn’t the first time the two nations have clashed over trade. Back in 2018, they were locked in a heated tariff battle, with Trump repeatedly increasing duties on Chinese products and China responding in kind.


 

Advertisement

News

“You Can Still Have Subsidy Without Long Queues” — Rufai Oseni Speaks On Subsidy

Published

on


TV anchor Rufai Oseni makes headlines as he speaks on fuel subsidy in Nigeria. He shared that Nigeria can have fuel subsidy without the long queues at filling stations.

“When we were still paying subsidies, there were no long queues. We were subsidising. So you can still have a subsidy regime going on, and there will be no long queues because production was close by. Dangote had it. That’s just it. That argument also falls flat.

“The biggest beneficiaries of subsidy are not Nigerians. They are crony capitalists that have big infrastructure, and they do contracts. They have been the biggest beneficiaries of the subsidy,” he said.


Continue Reading

News

Sanwo-Olu Speaks on Lagos’ Power Challenges and the Need for Change

Published

on


Lagos State Governor, Sanwo-Olu, speaks to those in the electricity sector about the usual blackouts in the state.

He speaks on ways things can change in the state and how electricity can be provided.

“We need to drop corporate egos, abandon long-standing excuses, and confront the harsh realities obstructing progress in the power sector.”

“We, state governments, used to give excuses that everything is centralised, so the Federal Government has unbundled it now. What have we done in a year and a half?” Sanwo-Olu asked.

“We take two steps forward, we go five steps backward,” he said.

Advertisement

Continue Reading

News

Sanwo-Olu Declares August 20 Public Holiday in Lagos for Isese Festival

Published

on


Lagos State Governor Babajide Sanwo-Olu has declared Thursday, August 20, a work-free day for public servants in the state to mark the Isese Festival.

Speaking on the celebration, he said “Ìṣẹ̀ṣe is not a relic. It is a living expression of our traditions and a celebration of Yoruba spirituality as an important part of Nigeria’s cultural and religious landscape,” he said.

He added “When the drums sound in Lagos on Thursday, they answer drums in Havana, in Salvador, in Port of Spain. Fifty-five million people and counting. Lagos is not observing a local holiday. Lagos is standing at the centre of a global heritage,” Aregbe said.


Continue Reading

Trending