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The National Agency for Science and Engineering Infrastructure is setting its sights on becoming Nigeria’s leading innovation and technology transfer agency, according to its Executive Vice Chairman and Chief Executive Officer, Mr Khalil Halilu. NASENI’S Director of Information, Mr. Olusegun Ayeoyenikan, disclosed this in a statement on Saturday. According to the statement, Halilu expressed his
President Donald Trump of the United States on Tuesday said he intends to impose auto tariffs in the neighborhood of 25% and similar duties on semiconductors and pharmaceutical imports. This is said to be the latest in a series of measures threatening to upend international trade. Recall that on Friday, Trump said levies on automobiles
Trump to introduce 25 percent tariffs on autos, pharmaceuticals, chips
President Donald Trump of the United States on Tuesday said he intends to impose auto tariffs in the neighborhood of 25% and similar duties on semiconductors and pharmaceutical imports.
This is said to be the latest in a series of measures threatening to upend international trade.
Recall that on Friday, Trump said levies on automobiles would come as soon as April 2, the day after members of his cabinet are due to deliver reports to him outlining options for a range of import duties as he seeks to reshape global trade.
The US president has long railed against what he calls the unfair treatment of US automotive exports in foreign markets.
The European Union, for instance, collects a 10% duty on vehicle imports, four times the U.S. passenger car tariff rate of 2.5%.
The US, though, collects a 25% tariff on pickup trucks from countries other than Mexico and Canada, a tax that makes the vehicles highly profitable for Detroit automakers.
Meanwhile, European Union trade chief Maros Sefcovic will meet with US counterparts – Commerce Secretary Howard Lutnick, Trump’s nominee to be US Trade Representative Jamieson Greer and National Economic Council director Kevin Hassett in Washington on Wednesday to discuss the various tariffs threatened by Trump.
When asked whether the EU could avoid reciprocal tariffs he proposed last week, Trump repeated his claim that the EU had already signaled it would lower its tariffs on US cars to the US rate, although EU lawmakers have denied doing so.
He said he would press EU officials to increase US imports of cars and other products.
Trump to introduce 25 percent tariffs on autos, pharmaceuticals, chips
The Federal Capital Terrritory High Court has declined to vacate an order which restricted the anti- hunger protesters in the…
The Jigawa State Pilgrims Welfare Board has extended the deadline for intending pilgrims to complete their 2025 fixed Hajj fare registration. According to the Director-General of the board, Alhaji Ahmad Labbo, the new deadline is now Tuesday, February 11, 2025. Labbo, who made the announcement while briefing newsmen on Tuesday evening, explained that the extension
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The Jigawa State Pilgrims Welfare Board has extended the deadline for intending pilgrims to complete their 2025 fixed Hajj fare registration. According to the Director-General of the board, Alhaji Ahmad Labbo, the new deadline is now Tuesday, February 11, 2025. Labbo, who made the announcement while briefing newsmen on Tuesday evening, explained that the extension