Norway Council Calls for Stockfish Handler Training
The Norwegian Seafood Council urges NAFDAC to train Nigerian stockfish traders on safe preservation, warning against chemical use like sniper. Experts confirm natural drying process.
Category : Search result: automotive tariffs
Diesel Prices Drop 2.57% Year-on-Year in Nigeria
NBS data shows a 2.57% year-on-year drop in diesel prices for November 2025. Discover which states paid the most and least for AGO.
China Imposes High Tariffs on EU Dairy Products
China imposes duties up to 42.7% on EU dairy, escalating a trade spat. EU calls the move unjustified. Get the latest on this economic clash.
7 Steps for Nigeria to Become Africa's Energy Leader
Energy expert Canice Emeka outlines seven non-negotiable steps Nigeria must take by 2035 to become Africa's largest and most reliable energy powerhouse. Learn the plan.
Nike Shares Slump After China Sales Drop 17%
Nike's quarterly profits fell 32% due to weak China sales and US tariffs. CEO promises a 'new approach' to revive the brand. Read the full analysis.
US Inflation Cools Unexpectedly in November
US consumer inflation slowed to 2.7% in November, below forecasts. The data, delayed by a government shutdown, shows easing price pressures despite earlier tariff impacts. Read the full analysis.
China Imposes 5-Year Anti-Dumping Duties on EU Pork
China has imposed final anti-dumping duties on EU pork imports for five years, at reduced rates. The move follows trade tensions and an investigation into harm to China's domestic industry. Get the full details.
US Jobless Rate Climbs to 4.6%, Highest in Four Years
US unemployment rose to 4.6% in November, its highest level since 2021, as the economy lost 105,000 jobs in October. Read the full analysis of the cooling labour market and its global implications.
China imposes 5-year anti-dumping duties on EU pork
China announces five-year anti-dumping duties on EU pork imports, effective Dec 17. Rates are 4.9% to 19.8%, lower than previous temporary tariffs. Read the full trade dispute analysis.
Trump Tariffs Hit Canadian Snowplow Exporter Hard
Arctic Snowplows, a Canadian manufacturer, faces uncertain times as US tariffs add $500 to its products, driving away American customers. Discover the impact of the trade war.
Macron warns China on EU tariffs over trade deficit
French President Emmanuel Macron has warned China of potential EU tariffs if it fails to reduce its massive trade surplus with Europe. He calls it a 'life and death' issue for European industry.
Costco Challenges US Tariffs in Court, Seeks Refund
US retail giant Costco sues the Trump administration, demanding a refund for tariffs paid on imports. The case challenges the legality of Trump's trade policy. Read the full story.
US-UK Pharma Deal: Tariffs Lifted, NHS Drug Prices Rise
The US has exempted UK pharmaceuticals from import tariffs in a new trade deal. In exchange, Britain's NHS will pay 25% more for new US drugs. Read the full details and implications here.
Lagos Autofest 2025 Set for Marina on December 22
BMW Club Nigeria & Work and Play announce Lagos Autofest 2025 at Marina on Dec 22. Join the premier automotive celebration in Detty December!
Hungary's Hollywood on Danube Faces Trump Tariffs
Hungary's booming $1 billion film industry, dubbed 'Hollywood on the Danube,' faces existential threat from proposed US tariffs. Learn how this impacts global film production.
India's economy grows 8.2% despite US tariffs
India's economy expanded 8.2% in July-September 2025, beating forecasts but facing pressure from US tariffs. Learn how this affects global trade and Nigeria's economic outlook.
US Farmers Struggle with Tariff-Driven Cost Increases
American farmers and businesses report soaring production costs due to Trump's tariffs, contradicting White House affordability claims as Thanksgiving approaches.
US Retail Sales Growth Slows to 0.2% in September
US retail sales cooled to 0.2% growth in September as consumers face higher prices and Trump's tariffs impact costs. Discover how value-hunting trends are reshaping spending.
EU urges US to cut steel tariffs in trade talks
The EU will press the US to implement their July trade deal, focusing on reducing 50% steel tariffs. High-level talks begin in Brussels. Read more.
New Electric Car Assembly Plant Opens in Imo State
EF Motors partners with Chinese firm to assemble 100,000 electric vehicles by 2028, creating 5,000 jobs and competing with Innoson Motors in Nigeria's growing EV market.
Europe's Economy Vulnerable to Shocks: ECB Chief
ECB President Christine Lagarde warns Europe's export model is faltering amid US tariffs and AI competition. Urgent reforms needed to boost resilience.
Trump Tariffs Cause 5.1% Drop in US August Imports
Delayed data reveals US imports fell 5.1% to $340.4 billion in August as Trump's new tariffs hit trading partners. Trade deficit narrowed to $59.6 billion. Read the full analysis.
China Overtakes US as Germany's Top Trade Partner
China has reclaimed its position as Germany's number one trading partner, dethroning the US amid new tariffs. Discover the economic implications for global trade.
Nigeria Showcases EV & CNG Drive at Motor Fair
Nigeria accelerates its green mobility shift at the 25th Abuja Motor Fair, unveiling new EVs, CNG vehicles, and a ₦20bn CreditCorp fund. Discover the future of Nigerian auto industry.
Trade Tensions Overshadow COP30 Climate Negotiations
Climate negotiations at COP30 face new challenges as trade disputes over carbon taxes and Chinese EV tariffs threaten global cooperation on emissions reduction targets.
Canada Government Fate Hangs on Budget Vote
Canadian PM Mark Carney's Liberal government faces potential collapse as parliament votes on crucial budget to counter Trump tariffs. Will the government survive? Read more.
Swiss economy contracts 0.5% from US tariffs
Switzerland's economy contracted by 0.5% in Q3 2025 due to high US tariffs, but recent deal lowers rates to 15% and brings $200 billion investment. Read the full analysis.
Trump Lowers Tariffs on Beef, Coffee, Other Goods
President Trump signs order to lower US tariffs on beef, coffee, and other goods, aiming to address rising living costs. Learn about the new exemptions and their economic impact.
US-Switzerland Tariff Deal: Rates Slashed to 15%
The United States and Switzerland have finalized a trade pact, significantly reducing tariffs from 39% to 15%. Get the full details on this major economic development.
New 40,000-Capacity EV Assembly Plant Coming to Nigeria
E.F. Network unveils massive electric vehicle assembly plant in Nigeria, creating 25,000 jobs and transforming the country's auto industry by 2026. Discover the future of green mobility.
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