LMSINT MEDIA reports that the Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, has raised a serious red flag about the ongoing tariff standoff between the United States and China. According to her, the intensifying trade war could potentially reduce goods trade between the two nations by up to 80%, dealing a critical […]
🇦🇺 Australia Prioritizes National Interest Over Strategic Alliance With China In a bold move, Australia has firmly declined China’s invitation to form a joint front against increasing tariffs from the United States. Instead, the Australian government reaffirmed its stance on diversifying trade partnerships and reducing economic dependence on China, which remains its largest export destination. […]
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In a swift response to President Donald Trump’s latest trade measures, China has imposed a 34% tariff on all imports from the United States. The move comes just hours after Trump announced the same tariff rate against Beijing as part of his reciprocal tariff plan. According to The Wall Street Journal, China’s new tariffs will […]
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The Nigeria Customs Service (NCS) has signed a Customs Mutual Administrative Agreement (CMAA) with India, a significant step toward strengthening bilateral trade relations. The agreement, finalized on November 16, 2023, was formalized during a ceremony at the Ministry of Foreign Affairs in Abuja, with the Comptroller-General of Customs (CGC), Adewale Adeniyi, representing Nigeria. A Landmark […]
