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Trump to Impose 100% Tariff on China in Fierce Retaliation

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U.S. President Donald Trump has reignited global trade tensions after announcing a new 100% tariff on China, set to take effect on November 1, 2025.

The move marks one of the sharpest escalations in the long-running trade conflict between Washington and Beijing.

Trump made the announcement on his social media platform, Truth Social, accusing China of taking an “extraordinarily aggressive” stance by planning large-scale export controls on almost every product it makes.

He described the Chinese action as “a moral disgrace” and a deliberate attempt to undermine global trade stability.

According to Trump, the tariffs will apply “over and above” existing duties already imposed on Chinese goods.

He warned that the implementation date could be moved forward if China continues with its export restrictions.

The president’s outburst followed Beijing’s decision to expand export limits on rare earth minerals, a move that could hit Western manufacturing and technology sectors.

These minerals are vital for producing semiconductors, electric vehicles, and military hardware.

Earlier in the day, Trump lashed out at Chinese President Xi Jinping, saying he saw “no reason” to meet him at the upcoming APEC summit in South Korea.

He accused Xi of using export controls to gain leverage in ongoing trade talks.

However, Trump later said the meeting had not been officially canceled but remained uncertain.

Beijing’s action has raised alarms within the U.S. administration, as officials fear that China’s dominance in rare-earth production could cripple American industries.

The Trump administration has been pushing domestic firms to ramp up mining and production to reduce dependence on Chinese supply chains.

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To counter China’s control, Washington recently announced a $400 million investment in MP Materials Corp, the only U.S. rare-earth producer, alongside plans for a price-support mechanism to boost local output.

But experts warn that developing a competitive supply chain could take years.

Meanwhile, Wall Street reacted sharply to Trump’s announcement.

The Dow Jones fell 879 points, while the S&P 500 dropped 2.7%, and the Nasdaq plunged 3.5%.

Investors fear the revived trade war could disrupt global markets, slow holiday-season imports, and spark another inflation surge.

Trade tensions have been brewing for months.

Both nations have tightened export controls, targeted technology firms, and investigated each other’s major companies.

The U.S. has also imposed new restrictions on AI chips, aerospace equipment, and software tools sold to China.

The latest escalation, they warn, may push the global economy toward another trade shock similar to the tariff wars of 2018 and 2019.

Trump defended his decision, insisting that America must “financially counter” China’s “hostile order.”

He added, “For every element they monopolize, we have two.”

As tensions mount, investors and diplomats alike brace for a turbulent November.

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Court adjourns trial of dismissed EFCC officer accused of stealing N22m

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The Kaduna State High Court has postponed the trial of Polycarp Andrew, a former Economic and Financial Crimes Commission (EFCC) officer, to December 11, 2025.

Andrew, previously an exhibit keeper at the EFCC’s Kaduna zonal office, was dismissed after being accused of stealing exhibits worth over ₦22 million.

He was arraigned on May 5, 2025, facing six counts of criminal breach of trust, to which he pleaded not guilty.

During Wednesday’s proceedings, H.M. Mohammed, counsel for the EFCC, announced readiness to present two witnesses—a fellow EFCC officer and an Opay staff member.

However, the defense counsel, D.B. Kwajafa, requested more time to prepare, citing the recent receipt of a flash drive containing a video of Andrew’s extra-judicial statement.

Kwajafa argued that the defendant needed time to review the material for a fair defense. Mohammed opposed the request, asserting that the video was irrelevant at this stage of the trial.

Justice A. Bello, after hearing both sides, granted the defense’s request and adjourned the case.

Andrew allegedly fled to Taraba State after diverting funds kept in his custody between 2023 and 2024, including sums of $11,900 (₦10.9 million), $3,800 (₦5.9 million), and $2,800 (₦3.8 million).

The charges against him violate Section 300 of the Kaduna State Penal Code Law, 2017.

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Nigerian Forest Security Service in Anambra Congratulates Soludo on Re-election

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The Anambra State chapter of the Nigerian Forest Security Service (NFSS), has congratulated the governor of Anambra State, Prof. Charles Chukwuma Soludo, on his re-election victory last Saturday.

While congratulating the governor, whose wife Dr. Nonye Soludo, is a Patroness of the group, the leader of the NFSS in Anambra State, Commander Mazi Destiny Emmanuel Jonas, expressed optimism in continued partnership towards safeguarding Anambra State.

“We look forward to continuing our partnership with this administration in safeguarding our forests, combating illegal logging, and enhancing the security of all communities across Anambra State,” Commander Jonas said.

In a statement signed by the Public Relations Officer of the NFSS in Anambra State, CFS Chibuikem Nneke, the group said they were confident in Governor Soludo’s renewed mandate which they affirm speaks to the viability of the governor’s vision of a prosperous and safer Anambra State.

“This renewed mandate is a testament to the confidence the people of Anambra place in the governor’s vision for a safer, more prosperous state”, the statement added

Similarly, the NFSS extended it’s congratulatory message to their Patroness, Dr. Nonye Soludo, saying: “We also wish to extend our congratulations to Mr. Governor’s wife, Dr. Mrs Nonye Soludo (Mama Healthy Living), the beloved Mama Anambra whose pioneering role as the only female National Patroness of the NFSS has inspired countless women and youth in our service.

“Her unwavering support and patronage have strengthened our mission and uplifted the morale of our officers. Congratulations, Madam Patroness, and we are sure that her dedication will continue to be a beacon of hope for the entire Anambra State and Forest Security Service”, NFSS affirmed.

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It however, wished Soludo and his wife a remarkable second term in office, filled with landmark achievements.

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JUST IN: FG Suspends 15% Import Duty on Petrol, Diesel

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Anambra Fuel Price Hits ₦1,400 Per Litre
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The Federal Government has suspended its earlier plan to implement a 15% import duty on petroleum products, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) confirmed on Thursday.

In a statement signed by George Ene-Ita, Director of the Public Affairs Department, NMDPRA, the agency said the policy is “no longer in view” and urged Nigerians to avoid panic buying.

President Bola Tinubu had approved the controversial tariff on October 29, 2025, following a proposal by Federal Inland Revenue Service (FIRS) Chairman, Zacch Adedeji. The plan sought to impose a 15% duty on petrol and diesel imports to align import costs with domestic market realities.

The proposal, which had been scheduled to take effect on November 21, 2025, was also meant to encourage local refining by making imported fuel more expensive. The move was widely seen as an effort to protect investments in Dangote Refinery and other modular refineries across the country.

However, experts had warned that the new tariff could push pump prices higher by as much as ₦150 per litre, worsening inflation and transportation costs for consumers.

In its Thursday statement, NMDPRA clarified that the policy would not be implemented as earlier planned.

“It should be noted that the implementation of the 15% ad-valorem import duty on imported Premium Motor Spirit (PMS) and Diesel is no longer in view,” the agency stated.

The regulator also assured Nigerians that there is adequate fuel supply nationwide, noting that the country’s stock remains within acceptable sufficiency levels during this peak demand period.

“There is a robust domestic supply of petroleum products sourced from both local refineries and importation to ensure timely replenishment of stocks at storage depots and retail stations,” it added.

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NMDPRA further warned against hoarding, panic buying, or artificial price hikes by marketers. It said it will continue to monitor the market and enforce measures to prevent any disruption in fuel distribution.

“The Authority remains committed to guaranteeing energy security and ensuring smooth supply and distribution of petroleum products across Nigeria,” the statement concluded.

The agency also thanked industry stakeholders for their cooperation in maintaining stable fuel availability across the country.

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Soludo Wins Anambra Governorship Election 2025

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