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Trump Launches ‘Reciprocal Tariffs’ Targeting Allies, Adversaries
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US President Donald Trump inked plans Thursday for sweeping “reciprocal tariffs” hitting both allies and competitors, in a dramatic escalation of an international trade war that economists warn could fuel inflation at home.
Speaking in the Oval Office, Trump said he had decided to impose the reciprocal duties, telling reporters that US allies were often “worse than our enemies” on trade issues.
The levies would be tailored to each US trading partner and consider non-tariff factors including value-added tax (VAT).
“Major exporting nations of the world attack our markets with punishing tariffs and even more punishing non-tariff barriers,” Trump trade advisor Peter Navarro told reporters, taking aim at the European Union in particular over VAT.
Washington will start by examining economies with which the United States has its biggest deficits or “most egregious issues,” said a White House official.
“This should be a matter of weeks, in a few months, but not much longer than that,” the official added, speaking on condition of anonymity.
Trump acknowledged Thursday that US prices “could go up” due to tariffs, but he expressed confidence that they would ultimately ease.
Trump has announced a broad range of tariffs targeting some of the biggest US trading partners since taking office, arguing that they would help tackle unfair practices — and in some cases using the threats to influence policy.
The president has referred to tariffs as a way to raise revenue, remedy trade imbalances, and pressure countries to act on US concerns.
The White House official said Thursday that the United States has been “treated unfairly,” saying a lack of reciprocity is a reason behind the country’s “persistent annual trade deficit in goods.”
With the memo Trump signed on Thursday, the US Trade Representative, commerce secretary and other officials will work to propose remedies on a country-by-country basis.
Trump’s announcement came hours before he was due to meet Indian Prime Minister Narendra Modi in Washington.
Analysts have warned that reciprocal duties could bring a broad tariff hike to emerging market economies such as India and Thailand, which tend to have higher effective tariff rates on US products.
Countries such as South Korea that have trade deals with Washington are less at risk from this move, analysts believe.
Inflation concerns
Cost-of-living pressures were a key issue in the November election that saw Trump sweep to power, and the Republican has promised to swiftly reduce prices.
But economists caution that sweeping tariffs on US imports would likely boost inflation, not reduce it, in the near term and could weigh on growth eventually.
Trump’s deputy chief of staff for policy Stephen Miller previously said countries use the VAT to get an unfair trade advantage, although analysts have challenged this characterization.
During election campaigning, Trump promised: “An eye for an eye, a tariff for a tariff, same exact amount.”
For example, if India imposes a 25-percent tariff on US autos, Washington will have a 25-percent tariff as well on imports of autos from India, explained a Nomura report this week.
The consideration of non-tariff factors might shift this calculus.
Modi will hold talks with Trump on Thursday and New Delhi offered some quick tariff concessions ahead of his visit, including on high-end motorcycles.
“Trump’s objective of implementing reciprocal tariffs is to ensure fair treatment for US exports, which could indirectly also address US trade imbalances with partner countries,” analysts at Nomura said.
Among Asian economies, India has a 9.5-percent weighted average effective tariff on US exports, while there is a three-percent rate on India’s exports to the United States.
Thailand has a 6.2-percent rate and China a 7.1-percent rate on US products, Nomura noted.
Higher tariffs are often imposed by poorer countries, who use them as a tool for revenue and protection because they have fewer resources to impose non-tariff barriers, Cato Institute’s Scott Lincicome earlier told AFP.
AFP
News
GOC 3 Div reaffirms strategic partnership as CBN Man O’War delegation pays courtesy visit (Photos)
The General Officer Commanding (GOC) 3 Division Nigerian Army and Commander, Operation ENDURING PEACE (OPEP), Major General Maxwell Dangana, has reaffirmed the Division’s commitment to strengthening strategic partnership and fostering relationships that contribute to institutional development, security and community engagement.
The GOC stated this on Tuesday, 11 August 2026, while receiving separate courtesy visits from the Controller, Central Bank of Nigeria (CBN), Jos Branch, Mr Akwashiki Nathaniel Aya, and the National Commander, Man O’ War Nigeria, NC Adedamola Gbenga, at the Headquarters 3 Division, Maxwell Khobe Cantonment, Jos.
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Receiving the CBN delegation led by the Controller, Jos Branch, Mr Akwashiki Nathaniel Aya, Major General Dangana appreciated the management of the apex bank for the visit and expressed his readiness to sustain the cordial relationship between the Nigerian Army and CBN.
Earlier in his remarks, the CBN Controller congratulated Major General Dangana on his appointment as the GOC 3 Division and Commander OPEP. He explained that the visit was aimed at paying respect to the new GOC, strengthening the existing relationship between the two institutions and identifying areas of mutual interest that could further enhance collaboration.
In a similar engagement, the GOC also received a delegation from Man O’ War Nigeria led by its National Commander, NC Adedamola Gbenga. The visit was also aimed at congratulating the GOC on his appointment and exploring areas of collaboration between the organisation and the Nigerian Army.
Welcoming the Man O’ War delegation, Major General Dangana expressed appreciation for the visit, describing it as both timely and significant. He particularly acknowledged the presence of the National Commander and a member of his delegation, the National Coordinator for Financing Safe Schools under the Federal Ministry of Finance in Nigeria, Hajiya Iliya Ibrahim, noting the importance of the organisation’s contribution to youth development and community security.
The GOC reaffirmed the Nigerian Army’s commitment to supporting initiatives that promote the development, empowerment and security of young people across the country. He noted that organisations such as Man O’ War Nigeria, with their youth-focused programmes and basic security training, have an important role to play in complementing the efforts of government security agencies.
Major General Dangana therefore called for stronger collaboration among relevant stakeholders, stressing that a whole-of-society approach remains essential to building a safer, more peaceful and secure nation.
Speaking on behalf of the delegation, the National Commander, NC Adedamola Gbenga, said the engagement was intended to strengthen inter-agency cooperation and consolidate the existing relationship between Man O’ War Nigeria and the Nigerian Army. He also solicited the support of 3 Division in the area of security for the successful conduct of the organisation’s 4th National Campaign Exercise.
The separate engagements further underscored the importance of sustained institutional partnerships in advancing shared objectives in security, youth development and community engagement.
Highlights of the visits were the presentation of souvenirs and group photographs.
News
Osun DECIDES:INEC starts distribution of reprinted ballot papers to party agents in 30 LGAs
The Independent National Electoral Commission (INEC) on Thursday began the distribution of reprinted ballot papers and result sheets to agents of all participating political parties across the 30 Local Government Areas (LGAs) of Osun State ahead of Saturday’s governorship election.
The exercise commenced at the Commission’s state office in Osogbo on Thursday night, following INEC’s compliance with a Federal High Court judgment ordering the inclusion of the Social Democratic Party (SDP) governorship candidate, Dr. Francis Olugbenga Ajala, and his running mate, Faseke Babajimi Oladipo, in the election.
The Federal High Court, Abuja, had on July 22, 2026, delivered judgment in Suit No. FHC/ABJ/CS/344/2026, directing INEC to recognise, accept, upload, process and publish Ajala’s candidature for the August 15 governorship election.
INEC complied with the judgment on Wednesday, August 12, 2026, leading to the reproduction of the ballot papers and relevant result sheets to reflect the inclusion of the SDP candidates.
The reprinted materials were subsequently moved to the Osun State INEC office in Osogbo, where agents of the participating political parties gathered on Thursday night to witness the distribution process.
Addressing journalists at the venue, the Osun State Resident Electoral Commissioner, Mrs. Oluwatoyin O. Babalola, explained that the exercise would commence with the signing of the result sheets by the party agents before the distribution of the materials to the respective Local Government Areas.
Babalola said the materials had already been customised according to the polling units for which they were intended, with the names of the polling units clearly indicated on the documents.
“Everything is going to be customised. Believe it. All the results, they already have the name of the polling units on them,” the REC told journalists.
She explained that the customisation was intended to ensure that the materials could be properly identified and matched with their designated polling units during the electoral process.
According to her, the signing by party agents was an important part of the documentation process preceding the distribution of the materials.
“If you are signing, you see what happened,” she said, while explaining the procedure to the agents and journalists at the venue.
The REC also indicated that the materials had been prepared in a manner that would allow the Commission and the political parties to keep track of the documents allocated to the various areas.
The exercise was not, however, a distribution of the materials directly to polling units.
Rather, the reprinted ballot papers and result sheets were being distributed to agents of the participating political parties for the respective 30 Local Government Areas of Osun State.
The party agents were present at the INEC office to witness the process, beginning with the signing of the result sheets before the materials were handed over for the respective Local Government Areas.
News
Osun election: INEC records 1.9million PVC collections
The Independent National Electoral Commission (INEC) has disclosed that 1,906,390 Permanent Voter Cards (PVCs) have been collected ahead of Saturday’s governorship election in Osun State.
The figure represents 81.50 per cent of the 2,339,233 registered voters in the state, according to a statement issued on Thursday by INEC National Commissioner and Chairman of the Information and Voter Education Committee, Mohammed Haruna.
Haruna said the remaining 426,842 PVCs, representing 18.50 per cent of the registered voter population, had been securely deposited with the Central Bank of Nigeria (CBN), in line with the Commission’s established procedure.
INEC also disclosed that 6,101 voters whose PVCs were damaged, defaced or lost applied for replacement and subsequently printed downloadable copies of their voter cards.
The Commission said it had published a polling-unit-by-polling-unit breakdown of the collected PVCs on its official website.
INEC further assured political parties, civil society organisations, the media and residents of Osun State of its preparedness to conduct a free, fair, credible, transparent and inclusive election on Saturday, August 15, 2026.
Police deploy thousands for election security
Meanwhile, security agencies have intensified preparations for the governorship election, with the Nigeria Police Force deploying thousands of personnel across the state’s 30 local government areas.
Police sources and official statements indicate that at least four police officers will be deployed to each of the 3,673 polling units across the state.
The deployment, however, excludes personnel from other sister security agencies expected to participate in the election security operation.
With the election just hours away, political parties and candidates are making final preparations while voters await the outcome of what is expected to be a closely watched governorship contest.
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