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Trump threatens trade war on Mexico, Canada, China

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Trump made his threat in social media posts, announcing huge import tariffs against neighbours Canada and Mexico, and also rival China if they don’t stop illegal immigration and drug smuggling into the US.

China responded that “no one will win a trade war,” while Mexican President Claudia Sheinbaum warned that “for every tariff, there will be a response in kind.”

A Canadian government source said Prime Minister Justin Trudeau called Trump and had a “productive” discussion, without giving further detail.

Such tariffs threaten to disrupt the global economy, deepen already fierce tensions with China, and upend relations with the US’s two largest neighbours.

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Nervous stock markets saw “volatile trading conditions” as they digested the news, said an analyst at City Index, Fawad Razaqzada.

On his Truth Social platform, Trump said late Monday that he would enact the tariffs when he takes office on January 20, 2025, if his — vaguely worded — demands were not met.

The posts signal Trump’s intention to return to the governing style of his first presidency when he regularly shocked Washington and US partners with abrupt, major policy shifts which he announced on social media.

They also confirmed that Trump is serious about his major campaign promise to use the US economic muscle as leverage on issues having little to do with trade — namely his claim that the US is under siege by foreign crime and dangerous migrants.

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On Tuesday, Trump named two important figures to his economic team: Jamieson Greer as his trade representative and Kevin Hassett as his top economic advisor, heading the White House National Economic Council.

Both had roles in his first administration, with Greer serving as the Chief of Staff to former US Trade Representative Robert Lighthizer.

“I will sign all necessary documents to charge Mexico and Canada a 25 per cent tariff on all products coming into the United States,” Trump earlier posted.

“This tariff will remain in effect until such time as drugs, in particular Fentanyl and all illegal aliens stop this invasion of our country!” he said.

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In another post, Trump said he would be slapping China with a 10 per cent tariff, “above any additional tariffs,” because the world’s second-biggest economy was failing to execute fentanyl smugglers.

The spokesman for China’s embassy in the US, Liu Pengyu, told AFP, “China believes that China-US economic and trade cooperation is mutually beneficial in nature.”

Mexico’s Sheinbaum fired back at Trump, saying his tariffs diplomacy was “not acceptable” and based on erroneous claims.

“It is not with threats or tariffs that the migration phenomenon will be stopped, nor the consumption of drugs in the United States,” she said.

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Sheinbaum pointed out that the Mexican narcotics industry largely exists to serve demand in the US.

“Seventy per cent of the illegal weapons seized from criminals in Mexico come from your country.

“Tragically, it is in our country that lives are lost to the violence resulting from meeting the drug demand in yours,” she said.

– Bluster or serious? –

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A senior adviser at the Centre for Strategic and International Studies, William Reinsch, said Trump’s online threats may be bluster — a strategy of “threaten and then negotiate.”

However, Trump’s first White House term was marked by an aggressive and protectionist trade agenda that also targeted China, Mexico and Canada, alongside Europe.

While in office, Trump launched an all-out trade war with China, imposing significant tariffs on hundreds of billions of dollars of Chinese goods.

China responded with retaliatory tariffs on American products, particularly affecting US farmers.

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Economists say tariffs can hurt US growth and fuel inflation since they are paid by importers who often pass those costs on to consumers.

Trump has said he would put his Commerce Secretary-designate Howard Lutnick, a China hawk, in charge of trade policy.

AFP

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Budget defense: Senators hammer ministers, top civil servants

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Top shots in the executive arm of government, like the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, the Director General of National Orientation Agency ( NOA) Mallam Lanre Issa – Onilu and his counterpart in the News Agency of Nigeria ( NAN) , Ali Mohammed Ali , were separately put under fire in the Senate during 2025 budget defence sessions .

While the Minister of Finance , Wale Edun and the Minister of Budget and Economic planning , Senator Atiku Bagudu were put on hot seats by the Senate Committee on Appropriation, the DG of NOA and that of NAN , had very tough encounters with the Senate committee on Information and National Orientation .

Trouble came the way of the Minister of Finance when barrage of questions were fired at him by some members of the Appropriation committee on state of implementation of the 2024 budget , particularly the capital component .

Specifically , Senator Abdul Ningi ( PDP Baichi Central) , in the barrage of questions fired at the Minister , asked him to explain how proceeds from fuel subsidy removal were expended in the 2024 fiscal year .

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” What is the budget performance achieved so far , for 2024 fiscal year , particularly in terms of the capital expenditure.

See also FG Approves Loans to Bolster Financial Position
We haven’t heard from the Minister how much has been saved from the removal of fuel subsidy and how much has been expended .

“We also haven’t heard from the Ministers about the debt servicing. How much have we actually used to service our debt in 2004?

” How much are we expecting to service the debt in 2005? Finally ,will the Minister of Finance guarantee that the extension of the capital component of the 2024 budget to June 30, 2025 will give the desired results in terms of implementation that has a very low percentage now ? ”

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Apparently unsettled by the question , the Minister hurriedly requested the committee to accord him a close door session for detailed response to the question .

” Are we in a closed door session ? If we are not in a closed door session , i will humbly seek for that for detailed explanations on the questions asked “, he said .

The Committee Chairman , Senator Solomon Olamilekan ( APC Ogun West ) , according asked journalists to excuse them for the closed door session.

Earlier at the budget defence session the Senate Committee on Information and National Orientation had with agencies under its purview , the Director General of National Orientation Agency ( NOA) , Mallam Issa – Onilu and his counterpart in the News Agency of Nigeria ( NAN) Ali Mohammed Ali , were ordered to re – draft and re – present their budgetary proposals for 2025 fiscal year .

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The committee chaired by Senator kenneth Eze ( APC Ebonyi Central), tackled the NOA DG on the National Identity Project being implemented by the Agency by saying the project is not known to Nigerians , particularly, those residing at the grassroots .

But the NOA DG , held his ground by telling the committee members that the project is very necessary in putting in place , the right value system .

” The challenge we have about value system is about National Identity which is very necessary at galvanising Nigerians for Nation building , national development and growth “, he said .

The Committee however insisted that he should go back for re – drafting programmes of the agency to be captured and appropriated for , in the 2025 fiscal year .

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Similar fate also befell the Director General of News Agency of Nigeria ( NAN) , who was told to go and reconcile disnointed figures presented in the 2024 budget implementation before coming for appropriation of projected figures for 2025 fiscal years .

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Teacher remanded in prison for assaulting 3-year-old child

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An Ogba Chief Magistrate’s Court in Lagos State has ordered that a 45-year-old primary school teacher, Stella Nwadiggbo, be remanded at a correctional facility for allegedly assaulting a three year old primary school pupil in the Ikorodu area of the state.
The teacher was caught on camera slapping the three year old child in class. The video of the teacher assaulting the child had gone viral.

She was consequently arrested and detained by the Family Support Unit (FSU) of Ikorodu Police Division.

The Lagos State Police Public Relations Officer, Benjamin Hundeyin, who confirmed the latest twist stated that Stella Nwadigbo, aged 45, was arraigned on the orders of the State Commissioner of Police, Olanrewaju Ishola, for indecent treatment and assault of a child.

Hundeyin stated that the accused was arraigned, on Thursday, at a Magistrate’s Court 1, Ogba.

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He stated that the accused had been captured in a viral video indecently treating and assaulting a three-year-old pupil of a primary school in Ikorodu area of Lagos State.

“Following receipt of the video, the Family Support Unit (FSU) of Ikorodu Police Division promptly arrested the suspect on Wednesday, January 8, 2025 and transferred her to the Gender Unit of the Command Headquarters same day after preliminary investigations. The victim was taken to a medical facility for adequate medical attention.”

“The suspect has since been remanded to Kirikiri Correctional facility till February 18, 2025 when the case comes up for continuation of hearing” he added.

Hundeyin further stated that the Commissioner of Police, Lagos State Command, commended Nigerians for promptly alerting the police to the situation also, assured them of the ever-readiness of the Command to respond quickly and appropriately to situations towards ensuring the safety and security of resident and visitors to Lagos State.

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VIDEO; Nigeria’s foreign relations: So far, Tinubu has showcased good salesmanship-Dr Nwambu

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… but we’re yet to feel the impact now

Director General of Centre for Credible Leadership and Citizens Awareness CCLCA, Dr Gabriel Nwambu has said President Bola Tinubu has showcased excellent salesmanship globally but Nigerians are yet to feel the impact.

Nwambu disclosed this in a chat with TVC where he outlined Tinubu’s moves so far in international relations.

Watch video below:

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