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2027: Plot Against President Tinubu Gathers Momentum
The 2027 general election, though still three years away, is already shaping up to be a nail biting showdown for the soul of Africa’s most populous country, as the north, shaken by the unrelenting usurpation of its hitherto dominant position in the country’s polity by the President Bola Tinubu led South West, has begun to restrategize for battle. But the region presents its weakest front since Nigeria’s independence in 1960, against Tinubu, who has thus far, proved his mettle in exploiting weaknesses to his ultimate advantage, Thecitypulsenews learnt.
Over the course of the past few weeks, leading northern political figures, such as Tinubu’s predecessor, Muhammadu Buhari; former vice president, Atiku Abubakar; former Kaduna State governor, Nasir El-Rufai, former Kano governor, Rabiu Musa Kwankwaso, among others, who were hitherto in different political platforms, have held strategic meetings in, what Business Hallmark gathered, are part of an ongoing political realignment in the region ahead of 2027.
On June 22, Atiku, accompanied by some Peoples Democratic Party (PDP) stakeholders, visited Buhari at his home in Daura, Katsina State, to, as he put it, “pay a courtesy call and offer Sallah homage.”
The former vice president had noted in a post on X after the visit that, “My trip to Katsina today also afforded me the opportunity to pay my condolences to the family of my late friend and associate, Alhaji Lawal Kaita, over the loss of the matriarch of the family, Hajiya Yalwa Kaita, where I was received by the Governor of Katsina, Dikko Umar Radda. I also paid courtesy visits to the Emir of Katsina, HRH Abdulmumini Kabir Usman, and the Emir of Daura, HRH Alhaji Farouk Umar Farouk.”
Earlier on June 19, Atiku also visited former Heads of State, Gen. Ibrahim Babangida (rtd) and Gen. Abdusalami at their residences in Minna, Niger State.
Atiku was beaten to second place by Tinubu in the contentious 2023 presidential election. Buhari, then outgoing president, had backed Tinubu, his party’s candidate, despite initially favouring a northern successor, but was literally bullied by northern governors, who insisted on power shift to the south, fearing possible collapse of the ruling APC. But with Tinubu apparently determined to consolidate power at the centre to the detriment of the north, the former president appears willing to close ranks with other stakeholders in the region.
El-Rufai, another prominent APC figure, who had been a staunch supporter of Tinubu in the lead up to the election last year, but evidently feel betrayed after being left in the cold by the president, has been making moves of his own preparatory to 2027. On June 27, he received Kwankwaso, leader of the Kwankwasiyya Movement, who relying on massive Kano support, came fourth in the 2023 presidential election, at his home in Abuja, all of which builds up to a definite political realignment to challenge Tinubu in 2027.
“There is evidence of rallying of forces, regrouping of political forces from the North trying to use former President Buhari as a rally point in order to evict the government of Asiwaju Ahmed Bola Tinubu,” noted Shehu Sani, former Kaduna Central Senator in an interview on Arise TV last week.
Sani, who cautioned against the move in the interest of national cohesion, noted that the politicians, “hope to resurrect the political charms in the hearts of the masses and portray the government as the one that has been undermining the North and the one that has not been living up to his campaign promises.”
The harsh economic realities the country has faced since Tinubu assumed office last year after he haphazardly removed fuel subsidy and floated the naira, has created mass discontent among the populace, as hunger takes its toll, more prevalently in the north, a region also gripped by insecurity manifested by terrorism, banditry and kidnapping right across the region.
Across social media, a number of northern influencers have begun to describe the former Lagos State governor as an OTP, an acronym for One Term President, an affirmation of their believe that Tinubu will be voted out in 2027. In the wake of the controversies over the Samoa agreement which has been alleged – but denied by the government – to have provisions for allowing same sex unions has also worsened Tinubu’s reputation in the north, with some clerics vowing to ensure the president does not return for second term. But it’s easier said than done.
Tinubu, who lost his home state of Lagos to Peter Obi, the presidential candidate of the Labour Party in 2023, had relied on the north – and some would insist, the manipulation of the electoral process by the Independent National Electoral Commission (INEC) – to win overall majority and become president. He will still need northern votes in 2027, and some analysts have wondered how he hopes go about it given that the north now appears unwilling to support him.
Indeed, given the mass discontent among Nigerians towards the Tinubu presidency, a carry-over from the anger of the younger generation, who felt let down by the conduct of the last election, but now compounded by rising inflation, job losses, poor economic outcomes and the general hunger and insecurity in the land, many observers have tended to support the idea that Tinubu will likely be a one term president.
But Tinubu started making his moves from his first day in office. And despite the widespread misgivings against his government, it may still be a tall order to unseat him, even with the north’s best efforts. Tinubu has within the first year of his administration, managed to consolidate hold on the South West, the zone, which for the first time, now feels the aura of being in power.
Although, Olusegun Obasanjo, who took office as president in 1999, came from the South West, he ascended power on a pan Nigerian mandate, and thus never saw a need to run a ‘Yoruba government.’ The coming of Tinubu and his political structure, therefore, is the first time the South West will be taking power at the centre on its own strength. And from all indications, Tinubu intends to enthrone the zone as a dominant political player in the country for good, at the expense of the northern political establishment, which had held the centre stage for long.
Presently, all the core security and economic structures of the country, ranging from headship of Customs, Immigration, Army, EFCC, FCT lamong others, which used to be the exclusive preserve of the north, have been taken over by the the South West.
This contest for control of the country, keen observers have noted, is what will form the undercurrent of the 2027 political battle. President Tinubu, apparently with this in mind, has continued to deepen and consolidate South West’s roots in the mainstream of Nigerian politics.
It is, therefore, not entirely strange that some of the political voices in the region like PDP’s Chief Olabode George, Doyin Okupe, among others, who had hitherto worked against his presidential ambition, have all made u-turns. Indeed, even Obasanjo, a who openly endorsed Peter Obi in the last election, appears to have suddenly developed soft spot for the president. He was recently seen wearing Tinubu’s signature cap at an event in Lagos, and he subsequently paid courtesy visit to Oluremi, the president’s wife, a move some insiders informed our correspondent, is part of political realignment happening in the South West.
North Losing Grips
For a region that had over the years, maintained a grip on Nigeria’s polity, the 2023 election exposed what many had suspected was the weakening of the north as a political entity. The attempt by Buhari to chose his own successor was thwarted by ambitious governors from the north, who apart from nursing individual ambitions of becoming vice president, genuinely feared that the future of the APC, if not the country itself, would be in jeopardy should the region attempt to retain power. Tinubu’s deep pocket, it must also be said, was a huge factor.
Abdullahi Adamu, then APC chairman, had apparently with Buhari’s blessings, attempted to foist then Senate President, Ahmad Lawan as APC presidential candidate, but the move not only collapsed, but also cost the former Nasarawa State governor his seat as APC chairman.
Tinubu went on to emerge candidate, and ultimately president, after winning the majority of northern votes ahead of Atiku.
Going into 2027, the reasoning within the emergent northern opposition, it seems, is that the region having been instrumental to Tinubu’s emergence as president, would still be able to vote him out. But if anything, the 2023 election showed that the north has become vulnerable and can hardly now act as one entity.
There is little doubt that anger is growing in the north, as much as the rest of the country, as economic and security challenges mount. And the inherent strengths of the region, such is its voting population and huge landmass cannot be wished away. But with huge financial war chest and power of incumbency, Tinubu is likely to still buy support in the region.
More importantly, with the overt promotion of religious politics in the region, coupled by mounting banditry and attacks by herders, which has also in some ways, assumed ethnic and religious colouration, there is now a situation, where a large chunk of what is originally known as the north no longer want to be identified as such. The much of the Christian north, cutting across much of the North Central, and fringes of the North East and North West, has opted for a new identity, the Middle Belt.
The decision of Tinubu to run a Muslim-Muslim ticket in 2023 was politically expedient. It helped to rally the core Muslim North behind him. But the down side of the ticket is that it was a direct message to the Christians in the region that they are not North enough, when it comes to politics.
“The north is no longer the cohesive political factor it used to be. In addition to banditry, kidnapping and poverty, the north has over the years been the scene of great, big bleeding batches of inter and intra-communal, sectarian crises rupturing the tensile political fabric of the region. There are sections of the north that do not want to belong to the same political party as other northerners and less even with any overarching northern political project,” wrote Iliyasu Gadu, a veteran columnist and media expert in a recent piece.
“There are sections and groups in the north, who have come to detach themselves from any political or social project in the north for the justifiable reason that the north no longer functions as an inclusive political entity for all northerners. Such people believe the north is now captive to exclusive interests and are using it in an opportunistic way for their advancement.”
Gadu asserted that in the present realities, “no candidate of commensurate status and strength can match President Tinubu in the 2027 game. The Atikus, Kwankwasos, El-Rufais, Bala Kauras and Zulums are formidable in their rights, but Tinubu, for many reasons, is miles ahead of them politically.”
He further asserted that, “As for platforms, whatever the north can bring up will have to contend with the octopoid political tentacles of the Asiwaju Political Holdings (APH) in the Nigerian political space. The ruling All Progressive Congress (APC) is a no-go area for the probable northern political counterattack. And in the opposition Peoples’ Democratic Party (PDP), the APH will have by arrangement agents to block any northerner from emerging as a presidential candidate. In the run-up to 2027, the Asiwaju Political Holding will work overtime to ensure that other political parties are not in a position to offer any northerner their presidential ticket.”
Indeed, part of Atiku’s major undoing in 2023 was the split within the PDP, which saw the Nyesom Wike led faction, comprising of five sitting governors, break ranks to back Tinubu in the election. The main opposition party is yet to recover from the split, and with Wike now serving as FCT Minister under the Tinubu government, while maintaining a grip on the party, the PDP is now effectively another wing of the APC.
This will be a huge challenge for Atiku and whatever structure he hopes to build to challenge Tinubu in 2027.
“It should be clear that the PDP is already out of the equation as a political party that can effectively contest and win power,” said Chidi Anthony, an Abuja based lawyer and political analyst. “Atiku’s refusal to stand down in 2023, when it was clearly the turn of the South destroyed the PDP fundamentally. The party had to go against its own constitution to enable Atiku to run. So, what Wike and his likes are doing is just symptoms of the rot in the party.”
Peter Obi, the former Anambra State governor, who broke away from the PDP to run on the platform of Labour Party, came third with over 6m votes, according to the results announced by INEC. His supporters insist he won the election. But going into 2027, Labour is now locked seemingly intractable leadership crisis.
The Atiku camp are muting the idea of a joint ticket with Obi in 2027, but neither group is likely to accept the vice presidential slot.
“I do not see an Atiku/Obi ticket happening in 2027. And mind you, Obi running under Labour Party was able to achieve that 2023 feat because INEC convinced everybody that the election would be free and fair. That will not the case. In 2027, whatever shortcomings witnessed in 2023 will be child’s play, considering that Tinubu is now president and he has foot soldiers across the regions,” concluded Anthony.
The Defence Headquarters has dismissed claims that senior military officers contributed money to secure the release of a former Director General of the National Youth Service Corps, Brigadier General Maharazu Tsiga (retd).
The DHQ insisted that his freedom was achieved through sustained military operations and intelligence efforts.
Tsiga was abducted on February 6, 2025, in Tsiga, the Kafur District of Bakori Local Government Area, Katsina State.
A trending WhatsApp message by Brigadier General Ismaila Abdullahi claimed that some retired and serving military officers contributed money to pay the ransom demanded by Tsiga’s abductors.
The message further stated that the funds were paid into his account which was provided by Tsiga’s son, Kamal and thanked everyone who contributed.
However, in a statement issued on Monday, the Director of Defence Information, Brigadier General Tukur Gusau, described the claims by Abdullahi as “misleading” and “a calculated attempt to undermine the military’s dedicated efforts” to combat terrorism and rescue abducted citizens.
Gusau said troops of 17 Brigade responded within hours and launched a series of search-and-rescue operations under Operation Fansan Yamma, in conjunction with air components.
According to him, troops combed several hideouts across Katsina and Zamfara states, including Jeka, Areda, Zango, Ruwan Lafiya, Mununu, and Pauwa Hills.
He added that though no direct contact was made with the abductors initially, the operations led to the abandonment of rustled animals and captives by fleeing terrorists.
Gusau said, “It is important to note that the unfortunate abduction of the former DG of NYSC occurred in the wee hours of 6 February 2025, in Tsiga, Kafur District of Bakori Local Government Area in Katsina State.
” Immediately, troops of 17 Brigade were alerted; they responded to the situation around 0300 hours the same day and, in a commendable show of professionalism, swiftly went on pursuit in conjunction with the Air Component of Operation Fansan Yamma.
“These combined efforts led to troops combing the assailants’/bandits’ hideouts within Jeka, Areda, and Zango, all in Kankara Local Government Area, in search of the former DG. The operation extended to Ruwan Lafiya, Mununu, Matallawa and Bakkai in Faskari Local Government Area.
“Although no direct contact was made with the abductors, the troops successfully pressured the criminals, who abandoned rustled animals and some captives in their hasty retreat.
“The troops nevertheless sustained the pursuit of the terrorists with unwavering determination, despite facing difficulties due to challenging terrain.”
Gusau said intelligence-led air raids on Dunya Hill—a known stronghold of terrorists—disrupted the kidnappers and enabled the escape of several captives.
He noted that while Tsiga was unable to flee due to health complications, another captive, Barau Garba, a local teacher, was rescued and reunited with his family.
He further disclosed that 84 kidnapped victims were freed in a separate assault on Pauwa Hills and surrounding areas, with several bandits neutralised and three soldiers sustaining injuries.
He said, “On February 8, leveraging credible intelligence, troops intensified their manhunt for the abductors and conducted dawn attacks at Yankuzo and Gidan Dankaka in Tsafe Local Government Area of Zamfara State where terrorist kingpin Ado Aliero hibernates. More so, intelligence confirmed that he had links with the abductors. Unfortunately, the operations did not result in locating the terrorists.
“However, subsequent air operations at Dunya Hill, a suspected bandit stronghold where General Tsiga was held, disrupted the terrorists, leading to the escape of several captives. Regrettably, the former DG was unable to escape due to health concerns. One of the captives, Barau Garba, a teacher at Government Secondary School in Tsiga and who was with General Tsiga, was rescued by troops, and he shared his experience via the attached video.
“Barau has since been reunited with his family in Tsiga town. In another instance, troops assaulted Pauwa Hills and Matallawa area of Kankara Local Government Area in search of Brigadier General Tsiga.
“However, they were only able to rescue 84 kidnapped victims from the area without locating him. In the process, several terrorists/bandits were neutralised, while three personnel sustained gunshot wounds.
“Since Brigadier General Tsiga’s abduction on 7 February 2025, troops have remained relentless in their pursuit, conducting both air and ground operations within Danmusa, Kankara and Faskari Local Government Areas, where he was supposedly held captive at different times, and these operations kept pressure on the abductors.
“It is thus only fair to recognise the significant sacrifices made by these troops who have worked day and night, often at great risk to their own lives in their search of the senior officer. The disparaging online is, therefore, nothing but presumably an act of mischief which is calculated at undermining the dedicated efforts of a military effort to eradicate terrorists/bandits and other criminal elements from the North West region.’
DHQ emphasised that a mix of kinetic and non-kinetic strategies facilitated the release of the senior officer, reiterating that no ransom was paid.
He said, “It is noteworthy to add that the military operations comprising both kinetic and non-kinetic strategies facilitated the rescue of General Tsiga as his life is invaluable and anything that needed to be done to ensure he was safe was adopted in ensuring a successful search and rescue effort.
“Troops will continue to support all efforts in ensuring peace and security across the country. The general public is therefore encouraged to continue supporting troops by providing credible intelligence to assist in this regard.”
The challenges facing the implementation of the Supreme Court judgment on local government autonomy have assumed a new dimension, with some state governors explicitly warning their council chairmen against opening an account with the Central Bank of Nigeria for the direct payment of their allocations from the Federation Account.
The latest development represents yet another significant hurdle, nearly nine months after the Supreme Court granted full autonomy to the 774 local governments across the country, paving the way for direct payment of federal allocations.
As part of the Federal Government’s commitment to the Supreme Court judgment, a panel was set up to ensure the implementation of LG autonomy.
In line with its recommendation, the panel directed the Central Bank of Nigeria to open accounts for the 774 LGs for direct payment of their allocation.
This process has, however, faced delays with the CBN and LGs trading accusations.
The immediate-past Account-General of the Federation, Oluwatoyin Madein and the Attorney-General and Minister of Justice, Lateef Fagbemi, SAN, and other officials recently commenced talks on the modalities for the LGAs to open accounts with the CBN for direct allocation but are reportedly facing challenges identifying LGAs with democratically elected officials.
A Federation Account Allocation Committee Technical Sub-Committee meeting revealed that only Delta State LGAs had submitted their account details.
Amid the controversy, fresh investigations by The PUNCH on Monday revealed that some governors have resorted to intimidation and coercion, pressuring their local government chairmen to refrain from opening the designated accounts for direct allocation payment.
Several local government chairmen who spoke with our correspondents on the condition of anonymity, out of fear of victimisation, said their respective governors have instructed them not to open accounts with the CBN for the direct receipt of their allocations.
One chairman revealed that a governor in the South-East region refused to accept 50 percent of the monthly allocations, which was part of the agreement intended to facilitate the opening of the accounts for direct payment.
“Our governor has threatened us (all the chairmen in the state) not to open accounts with the CBN for the direct payment of our allocation”, one of the chairmen of South-East states, who pleaded anonymity, told one of our correspondents.
“We even tried to beg him, seeking to strike a deal, such that if he allows us to open the account with the CBN and our allocations are paid directly, we will remit 50 per cent of the LG allocation to him monthly, but he disagreed. So, this is where we are for now,” the LG chair added.
Further investigations reveal that a significant number of governors are strongly opposed to the opening of CBN accounts, fearing it would sever their long-standing access to local government funds.
However, a negligible number of governors are said to be disposed to the idea of their LGAs opening the CBN accounts.
The PUNCH had reported how some governors met with President Bola Tinubu recently and said they preferred the LGs to open accounts with commercial banks instead of the CBN.
It is unclear if the President is positively disposed to the idea.
Meanwhile, another LG chair, who spoke to The PUNCH on the condition of anonymity, explained that the CBN’s stringent conditions might be one of the reasons the governors were not positively disposed to the idea, aside from the fact that it will cut off their access to LG funds.
A chairman in one of the local government areas in South-West disclosed that the council chairmen in the state have not opened accounts with CBN due to the stringent conditions set by the apex bank.
The chairman said one of the stringent demands is the submission of a two-month statement of account from each local government area, which was not available.
“But as simple as that condition may look, all council areas here in our state can’t meet up. The situation is not peculiar to our state. If you check well, most states can’t meet up simply because their governors are the ones spending their allocation.
“They are only giving those in LGAs whatever they feel like giving them. That is the problem,” the LG boss said.
Other local governments have cited various reasons for the delay in opening CBN accounts. One council chairman in Benue State, who spoke to our correspondent on the condition of anonymity, alleged that certain parties are working together to hinder the process.
He said, “Chairmen across the country are aware that state governors are trying to frustrate the financial autonomy of local government areas. What they are pushing for is for council chairmen to open their accounts in commercial banks where they can easily have access to control the councils’ money.
“They know that the moment the money is paid to CBN, it will go directly to us, and they will not have access to it. So, that is the reason the governors are frustrating the move.”
However, the Nigerian Union of Local Government Employees in Nasarawa State has said it is fully compliant with the directive to open accounts and is prepared to receive funds from the Federal Government.
The NULGE Chairman in the state, Adamu Sharhabilu, who disclosed this to our correspondent in Lafia on Monday, revealed that the state government and the House of Assembly have been working in collaboration with local government workers to ensure that local government autonomy is fully realized in the state, showing a unified effort to support the implementation of the Supreme Court’s ruling.
He noted, however, that despite the cooperation at the state level, the local government councils have yet to begin receiving their allocations directly from the Federal Government
The NULGE chair said, “As I speak with you, all the LG accounts had been opened because we thought that the Federal Government will send our money there, but up till this moment, no LG in Nasarawa State has received allocation directly from the FG.
“For now, there are no obvious plans by the Nasarawa State government to short-change the local government workers or frustrate the LG Autonomy implementation in the state. From our own observation, the governor has been working towards ensuring that local government workers get what is due to them and also enjoy all the benefits of the LG autonomy.
“The monthly allocations are usually sent to the Joint Accounts under the State Ministry for Local Government and Chieftaincy Affairs. No local government has received funds from the Federation Account.’’
However, another local government chairman in the state, speaking anonymously, attributed the delay to the government’s failure to follow through on its promises.
The official stated, “What we are facing now is the fault of the Federal Government because the federal allocation committee is supposed to send the money straight to the local governments, not the joint account. We have so many accounts to receive the money, but they refused to send the money to the local government coffers.”
He, therefore, urged the Federal Government to align itself with the Supreme Court’s judgment and allow for the full implementation of the LG autonomy by ensuring that the funds are paid directly to the LGAs.
Findings showed that many state chairmen are unaware of the current stage of policy implementation.
The Chairman of the Nigeria Union of Local Government Employees, Kwara State chapter, Seun Oyinlade, hinted that no council has opened an account with the CBN.
Speaking on the phone on Monday, Oyinlade said, “We are not aware that any of the 16 local government councils in the state have opened an account with the CBN. We do not know if the local government councils in the state operate an account with the Central Bank of Nigeria.”
He said he could not confirm if the state governor was similarly opposed to the direct payment of allocation to the councils.
“Though we heard it as a rumour that governors are trying to frustrate the implementation of the local government autonomy, we are yet to verify the claim. We will confirm if the local government councils have accounts with the CBN when allocation from the Federation Account is paid to them,” he said.
A local government worker in Damaturu, Yobe State, revealed that March salaries were paid through the Ministry for Local Government and Chieftaincy Affairs, rather than directly from the local governments’ accounts.
He said, “This is a setback in the implementation of the Supreme Court’s ruling aimed at granting more autonomy to local governments.”
“Even the new minimum wage implementation, local government staff members are yet to benefit from it. The state civil servants have benefited from the new minimum wage approved by the Federal Government. This development has brought some relief to state employees.”
In Zamfara, local government chairmen confirmed that they have yet to open accounts with the CBN.
The state’s ALGON chairman, Alhaji Samaila Moriki, who also serves as the chairman of Zurmi Local Government Area, told The PUNCH that they were still awaiting further instructions before proceeding with the opening of accounts.
He said, “We have yet to open accounts with the CBN because we are waiting for further directives and instructions. Everything is done through due process, and we are waiting for the directives from above. So, that is why we have yet to open accounts with the CBN. We will do that later when things become normal.”
He, however, declined to make further comments on the directives and instructions they were waiting for.
Furthermore, the 44 local government councils in Kano State have yet to open an account with the CBN.
The chairman of Garko LGA, Saminu Garko, confirmed this, stating, “None of the 44 local government councils in the state has opened accounts with the Central Bank of Nigeria. But we heard that the apex bank has opened an account for all local governments, and what remains is to regularise the accounts.
“Moreso, the Central Bank of Nigeria has not invited any of the local government chairmen in the state for the regularisation of the accounts, let alone verification of signatories.
‘’We just read in the newspapers that the bank is inviting local government chairmen for the verification exercise.”
He noted that since the Local governments have not opened the accounts with the bank, there was no way the chairmen could be invited for the verification of signatories.
But the ALGON in Jigawa State denied that the governor threatened local government chairmen against opening accounts with the CBN.
The ALGON state chairman, Prof. Abdulrahman Salim, assured that the account opening process is ongoing. “Everything is okay, and our local government areas are still visiting the CBN state headquarters to complete the necessary procedures,” he explained.
Salim added that “All 774 local government councils, including the 27 in Jigawa State, are expected to open dedicated accounts with the CBN for direct disbursement of funds from the Federation Account as we were directed.
“Jigawa State’s 27 local government areas are taking steps to open CBN accounts, which will enable them to receive direct allocations and manage their finances independently.”
“The CBN has been instrumental in facilitating local government autonomy by providing a platform for local governments to open accounts and receive direct allocations,” he stressed further.
“The delay in opening CBN accounts has been attributed to administrative bottlenecks, including the failure of the apex bank to fix a date for the biometric data capturing to complete the process.”
He claimed that nearly all the necessary steps had been completed, with only biometric capturing remaining for some local governments, adding that “the chairmen are currently waiting for the CBN to schedule a date for them to revisit the office for biometric data capturing.”
The NULGE leadership in Jigawa State could not be reached to confirm Salim’s claims.
However, a NULGE official, who spoke on condition of anonymity, quipped, “It will not come to us as a surprise if governors really don’t want the local government autonomy, they can change the process entirely.”
Credit: PUNCH
US President Donald Trump threatens steep additional tariffs on Chinese imports if Beijing does not drop its retaliation plans, adding that Washington is open to negotiations with other countries.
“If China does not withdraw its 34 percent increase on top of their long-standing trade abuses by tomorrow, April 8, 2025, the United States will impose ADDITIONAL tariffs on China of 50 percent, effective April 9th,” Trump writes in a Truth Social post.
Earlier, Israeli Prime Minister Benjamin Netanyahu arrived at the White House, where he met with Trump, becoming the first foreign leader to personally plead for a reprieve from stinging US tariffs that have shaken the world.
Also, UK Prime Minister Keir Starmer said that the global economic consequences of US President Donald Trump’s tariffs “could be profound”.
Speaking at the Jaguar Land Rover factory in Birmingham on Monday, Starmer reaffirmed the UK-US alliance as “special” and “close”, adding that “we have to step up. We can’t be cowed” by US tariffs.
Similarly, Mexican President, Claudia Sheinbaum, said that her country, which is the top US trading partner and has been hit by tariffs on its automobiles, steel and aluminum, will “not rule out” imposing reciprocal tariffs on US goods.
The New York Stock Exchange as Wall Street stocks traded mixed late morning amid speculation the market may be bottoming out following steep losses triggered by President Donald Trump’s sweeping tariff announcements.
AFP
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