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Trump Media to raise $2.5bn for bitcoin investment
Economy featured

European leaders unite against Trump’s Greenland tariff threat

European leaders on Sunday strongly criticised United States President Donald Trump’s threat to impose tariffs on several countries because of their opposition to his desire to acquire Greenland. Several European nations, including Denmark which holds sovereignty over Greenland as an autonomous territory, declared that they “stand united” against Trump’s demand. “Tariff threats undermine transatlantic relations […]

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S’African exporters shift focus to Africa amid US tariffs

South African agricultural exporters are expecting higher United States tariffs to persist as the diplomatic rift between Pretoria and Washington continues. In response, these exporters are actively seeking alternative markets on the African continent. Danie Dörfling, the head of business development at Moore Infinity, informed Business Times that liberalized trade policies could boost intra-Africa trade […]

India seeks to keep US trade talks on track despite tariff hike
News

US Supreme Court grills Trump administration on tariff authority

The justices of the United States Supreme Court, including its conservative members, repeatedly posed critical questions to the administration of President Donald Trump on Wednesday as they heard arguments concerning the president’s authority to impose sweeping tariffs. The central issue before the court is whether the president can take such unilateral trade actions under a […]

China 'firmly opposes coercion' as Mexico mulls car tariffs
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China, US extend tariff suspension for one year after talks

China said on Wednesday it would extend a suspension of additional tariffs on United States goods for one year, making official an agreement reached in talks between Presidents Xi Jinping and Donald Trump last week. The two leaders held discussions in South Korea at the end of October that effectively extended a delicate truce for […]

Trump signs executive order establishing US Bitcoin reserve
Economy

China opposes economic pressure amid US tariff threats

Beijing has criticized the use of “economic pressure” after United States President Donald Trump suggested he would hike tariffs on buyers of Russian oil to stifle Moscow’s funding for its war in Ukraine. Trump proposed broadening tariffs on Russian oil buyers, including China and India, if the European Union takes similar moves. According to a […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
Policy and Regulations

Nigeria has no fear of Trump’s tariff policies — Tinubu

President Bola Tinubu on Tuesday said his administration will remain resilient and has no fear of the trade policy direction of United States President Donald Trump, particularly tariffs targeting Nigerian exports. Tinubu made the remarks when he received in audience members of The Buhari Organisation led by former Governor of Nasarawa State, Sen. Tanko Almakura, […]

India seeks to keep US trade talks on track despite tariff hike
featured Policy and Regulations

US court rules Trump’s tariffs on most countries illegal

A United States appeals court has ruled that most tariffs issued by US President Donald Trump are illegal, setting up a potential legal showdown that could upend his foreign policy agenda. The ruling affects Trump’s “reciprocal” tariffs, imposed on most countries around the world, as well as other tariffs slapped on China, Mexico and Canada. […]