Latest Trending News
China hits back at President Trump, imposes 34% tariiff on all US goods

The Chinese government has announced its decision to levy a 34% tariff on all American imports starting next week.The tariff rate, effective April 10, equals the “reciprocal” duty implemented by US President Donald Trump earlier this week.”For all imported goods originating from the US, an additional tariff of 34 percent on top of the current applicable tariff rate will be imposed,” said Beijing’s finance ministry, as quoted by AFP.Beijing’s commerce ministry additionally announced plans to strengthen export restrictions on rare earth elements, crucial components in advanced technology products including semiconductor chips and EV battery systems.China further announced its intention to challenge the tariffs through legal action at the World Trade Organisation (WTO).This comes as Trump, following market closure on Wednesday, announced a national emergency to implement his comprehensive new tariff strategy, dubbed “Liberation Day” tariffs, which imposes a baseline duty of 10 per cent on almost all imports.The plan includes higher “reciprocal” duties targeting major allies, including the European Union, Japan, and Israel.Trump specifically targeted China, one of America’s primary trading partners, with particularly harsh tariffs of 34 per cent, supplementing existing trade duties. The post China hits back at President Trump, imposes 34% tariiff on all US goods appeared first on Linda Ikeji Blog.
Turo247News is on WhatsApp!
CLICK HERE TO JOINShare News with us via Email: turo247newz.com@gmail.com
Join Our Social Media Channels- WhatsApp: Turo247 News Room
- Facebook: Turo247newz
- Twitter: @turo247newz
- Instagram: @turo247newz
- Tiktok: Turo247newz
Latest Trending News
China raises tariffs on US goods to 125%

In a dramatic escalation of trade tensions, China announced Friday, April 11, that it would raise tariffs on American goods to 125%, declaring that any further levies by Washington would be ignored as economically meaningless.
The move comes as global markets reel from a week of volatile trading driven by tit-for-tat economic measures between the world’s two largest economies.
Beijing accused President Donald Trump of triggering “turbulence in the market” and dismissed his aggressive trade tactics as a “numbers game” with no real economic logic.
“The United States’ imposition of round upon round of abnormally high tariffs on China has become a numbers game with no practical significance in economics,” said a spokesperson for China’s Ministry of Commerce.
“If the U.S. continues to play the tariff numbers game, China will ignore it.” Trump recently imposed new tariffs on Chinese imports, raising the total to a staggering 145%, although he paused some additional measures for 90 days in a partial climbdown amid market backlash.
China retaliates
In response, China raised its own levies to 125%, effective Saturday, and said it would file a formal complaint with the World Trade Organisation.
The Chinese Finance Ministry stated plainly that “at the current tariff level, there is no possibility of market acceptance for U.S. goods exported to China.”
Despite the financial fallout, Trump remained defiant, suggesting that the turmoil was temporary and that his strategy would ultimately benefit the U.S. economy.
“In the end, it’s going to be a beautiful thing,” he said, downplaying the steep declines in major markets and the uncertainty rippling through global supply chains.
EU announces counter-measures
His comments were met with scepticism from both international leaders and financial analysts. European Commission President Ursula von der Leyen warned that the EU was ready with a “wide range of countermeasures,” while French President Emmanuel Macron urged the bloc to remain firm in the face of U.S. pressure.

Don’t miss out on any real-time information. Join our WhatsApp group to stay updated.
“Europe must continue to work on all the necessary counter-measures,” Macron posted on X (formerly Twitter).
Chinese President Xi Jinping called for closer cooperation with the EU to resist Washington’s “unilateral bullying practices.”
“China and Europe should fulfill their international responsibilities… and jointly resist unilateral bullying,” Xi said during talks with Spanish Prime Minister Pedro Sanchez.
Global effect of tariff war
Global markets reflected the tension, with Tokyo dropping more than 4%, while Sydney, Seoul, and Singapore also saw significant losses.
Oil prices fell, gold surged past $3,200 an ounce, and investors fled U.S. Treasuries in favor of safer assets.
“The sugar high from Trump’s tariff pause is fading fast,” said Stephen Innes of SPI Asset Management. “Bottom line: the world’s two largest economies are in a full-blown trade war — and there are no winners.”
While Trump insists his hardline stance will ultimately usher in a “Golden Age,” critics say the tariff war is creating economic instability, alienating allies, and raising prices for U.S. consumers.
Yet, the president has warned that tariffs could return after the 90-day pause if no deal is reached. “If we can’t make the deal we want to make… then we’d go back to where we were,” he said.
Turo247News is on WhatsApp!
CLICK HERE TO JOINShare News with us via Email: turo247newz.com@gmail.com
Join Our Social Media Channels- WhatsApp: Turo247 News Room
- Facebook: Turo247newz
- Twitter: @turo247newz
- Instagram: @turo247newz
- Tiktok: Turo247newz
Latest Trending News
Lady stunned after seeing water dropping profusely inside an apartment in Lekki
A Nigerian lady was left stunned after seeing water dripping profusely inside a serviced apartment in Lekki. According her, she was in the apartment for a music recording. It started raining and the water started dripping from two holes in the ceiling. Watch the video below View this post on Instagram A post shared by Lindaikejiblog (@lindaikejiblogofficial) The post Lady stunned after seeing water dropping profusely inside an apartment in Lekki appeared first on Linda Ikeji Blog.
Turo247News is on WhatsApp!
CLICK HERE TO JOINShare News with us via Email: turo247newz.com@gmail.com
Join Our Social Media Channels- WhatsApp: Turo247 News Room
- Facebook: Turo247newz
- Twitter: @turo247newz
- Instagram: @turo247newz
- Tiktok: Turo247newz
Latest Trending News
Akpabio faces renewed call to step aside amid sexual harassment allegation

Senate President Godswill Akpabio has come under renewed pressure to temporarily step aside from his position amid ongoing allegations of sexual misconduct.
Akpabio is currently embroiled in a sexual harassment allegation, levelled against him by a lawmaker representing Kogi Central District, Senator Natasha Akpoti-Uduaghan.
In a statement on Thursday, April 10, 2025, the Action Collective, a political and civil advocacy group, joined the call for the Senate President to excuse himself from his position to allow for an unhindered and thorough investigation of the matter.
In the statement, signed by its National Coordinator, Teddy Onyejuwe, the group expressed concern over what it described as “growing public unease” regarding the Senate President’s continued leadership in light of recent accusations.
ALSO READ: Natasha: I will soon tender evidence of sexual assault against Akpabio
Referencing Natasha’s recent claim, Action Collective called on the upper legislative chamber to treat the matter with the seriousness it demands.
Though it acknowledged that every accused person is presumed innocent until proven otherwise, the group stressed the need for accountability and the preservation of institutional credibility.
“In a functional democracy, public officials facing serious allegations often step aside to allow for independent and unhindered investigations,” it stated.
“Nigeria must not be seen as condoning conduct that undermines the dignity of any group, especially women.”

Don’t miss out on any real-time information. Join our WhatsApp group to stay updated.
Senate challenged to display transparency
The group maintained that the Senate should demonstrate a strong commitment to transparency and ethical standards without delving into the specifics of past or unverified claims.
“We believe in due process, but also in institutional integrity.
“The Senate President should consider stepping aside, at least temporarily, to uphold the dignity of the National Assembly and to reassure citizens and the international community of Nigeria’s commitment to justice,” the statement canvassed.
ALSO READ: Court restrains Akpoti-Uduaghan, Akpabio from media interviews in pending case
Action Collective condemned the Red Chamber’s “lukewarm” response, warning that inaction could damage public trust in democratic institutions.
It concluded by calling on civil society organisations, women’s rights groups, and international partners to support the call for transparency.
“If Nigeria must command global respect, it must be seen to uphold moral and ethical leadership,” Onyejuwe added.
Turo247News is on WhatsApp!
CLICK HERE TO JOINShare News with us via Email: turo247newz.com@gmail.com
Join Our Social Media Channels- WhatsApp: Turo247 News Room
- Facebook: Turo247newz
- Twitter: @turo247newz
- Instagram: @turo247newz
- Tiktok: Turo247newz
- News4 months ago
PH refinery yet to commence bulk sales – NNPCL debunks petrol price reduction
- turo247xpress logistics4 months ago
Affordable Courier Services Near Me: Quick, Reliable & Budget-Friendly Deliveries
- turo247xpress logistics4 months ago
The Importance of Express Delivery Services for Businesses
- turo247xpress logistics4 months ago
Same Day Delivery Services in Lagos: Fast, Reliable Shipping with Turo247xpress Logistics
- turo247xpress logistics4 months ago
Need Urgent Delivery in Lagos? Turo247xpress Logistics Has You Covered!
- Politics4 months ago
Rivers APC Leadership: Okocha Appointed as Substantive Chairman
- Lifestyle4 months ago
How to Keep Your Home Dust-Free During Harmattan
- Movies4 months ago
“Mz Vick Reveals Why ‘A Ghetto Love Story’ Was Created: Affordability Key to Its Production”