TikTok is just hours away from a critical deadline to secure a non-Chinese owner or face a potential ban in the United States. The popular video-sharing platform, which boasts over 170 million American users, is under threat due to a U.S. law mandating its separation from Chinese parent company ByteDance. If TikTok fails to comply, […]
French President Emmanuel Macron has called on European companies to suspend planned investments in the United States following President Donald Trump’s announcement of sweeping global tariffs on American imports. Speaking with French industry leaders on Thursday, Macron described the tariffs as “brutal and unfounded”, warning that Europe must respond strategically, sector by sector. He hinted […]
The southern African country of Lesotho has attracted a tariff rate of 50% on its exports to the US. These are mainly on textiles and diamonds. Lesotho’s US exports are equivalent to 10% of its GDP, meaning Trump’s new tariffs will potentially hit the tiny mountainous nation hard. Lesotho currently enjoys duty-free access to the […]
U.S. President Donald Trump has announced a sweeping trade policy overhaul, imposing a baseline 10% tariff on all imports while introducing country-specific reciprocal tariffs. LAGOS EYE NEWS reports that under the new measures, Nigerian exports to the U.S. will now face a 14% tariff, a response to what the U.S. government claims is a 27% […]
Italian Prime Minister Giorgia Meloni has denounced the former U.S. President Donald Trump’s proposed tariff policies, calling them “wrong” as international criticism mounts. Trump’s proposal includes imposing steep tariffs on imports, particularly a 60% tariff on Chinese goods, raising fears of a global trade war. Despite her conservative alignment with Trump, Meloni warned that such […]
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