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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
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SAD! Abductors k!ll soldier over delayed ransom payment
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By Kayode Sanni-Arewa
Kidnappers have killed a Nigerian Army non-commissioned officer, Abdulfatai Odutola, over a delay in ransom payment.
Recall that Odutola, a Senior Non-Commissioned Officer (SNCO), was abducted on February 15, 2025, along the Abuja-Jos highway.
He was reportedly travelling to Yola, the Adamawa State capital, at the time of the incident.
His kidnappers had demanded a ransom of N20 million for his release.
A military internal memo earlier obtained by SaharaReporters had read, “Pls information reaching me now from this sldr whisky that MWO Abdulfatai Odutola (CC 23 BDE Yola) was kidnapped yesterday along Abuja-Jos Road, while returning to Yola. He left Ilorin on Friday 14th of Feb 2025 and slept at Abuja. He continued his movement from Abuja yesterday b4 the incident happened to him.
“Currently they are demanding N20,000,0000 for his release. Pse appropriate authority should help the sldr.”
However, another internal memo revealed that the body of the senior personnel has been recovered.
“Information reaching us now from Yola is that the above MWO Abdulfatai Odutola’s body was discovered by police from Jos forest killed by his kidnappers after passing deadline for payment of 20 million naira ransom payment demanded by his kidnappers. Also his car was discovered. Kindly take action.”
SaharaReporters recently reported that Boko Haram/Islamic State West Africa Province (ISWAP) terrorists killed three army personnel during an attack on a military base in Borno State.
The terrorists reportedly attacked the military facility in Isige town, Gwoza Local Government Area, for several hours.
According to a source, the terrorists destroyed several buildings and stole two gun trucks during the assault.
“There was an attack recently in Borno, one Staff Sergeant with two private soldiers were killed. However, the army authorities are silent over the attack which happened at a base in Isige Town, Gwoza Local Government Area of Borno State.
“They burnt one military vehicle while they went away with two gun trucks, later reinforcement came from nearby unit but then the Boko Haram fighters have left,” the source said. (SaharaReporters: Text, Excluding Headline)
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Canada gives new guidelines For Asylum Seekers Insists Evidence Of insecurity must be proven
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By Kayode Sanni-Arewa
Canada’s immigration authorities have clarified that seeking asylum does not provide an automatic exemption from immigration laws.
The Immigration, Refugee and Citizenship Canada (IRCC) emphasised that individuals seeking asylum must demonstrate that returning to their home country would subject them to serious harm in order to avoid deportation.
The asylum system is designed to offer protection to those fleeing threats such as torture, persecution, and inhumane treatment.
IRCC has reiterated that the asylum process is not a shortcut to entering the country.
Applicants must provide verifiable evidence of persecution and undergo multiple checks, including medical examinations, biometric data collection, and security screenings.
The statement reads, “It is a rigorous process to determine whether you have a legitimate need for refugee protection according to Canadian and international laws. Our rules-based system will determine the validity of your claim. It’s important to understand that not all claims will be accepted. If you make an asylum claim in Canada, you will need to:
Have health, criminal, security and other background checks
Get a medical exam
Provide personal and biometric (photo and fingerprints) information
Provide concrete evidence of persecution and the risks of being in your home country
Declare on your application if you are working with a representative, even if you’re not paying them
“Providing false information on your refugee claim application is considered lying, and your application may be refused.
“You’ll be removed from Canada if you don’t have a legitimate claim or are not eligible to make a claim in Canada. It can take a long time to get a final decision on your asylum claim. There’s no guarantee that you will be allowed to stay in Canada.”
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OSUN LG POLLS: Gov Adeleke Orders Restriction Of Vehicular Movement
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By Kayode Sanni-Arewa
Governor Ademola Adeleke has ordered restriction of vehicular movement from 5am to 5pm on Saturday 22nd February 2022 across Osun state.
The directive of the State Governor was sequel to the statewide local government elections that are scheduled to be held tomorrow across the state.
Governor Adeleke who reiterated his commitment to peace and security said the movement restriction is necessary to prevent importation of hoodlums into the state amidst local elections.
He therefore directed security agencies to enforce the restriction and only allow voters and accredited media and civil society organizations for the continued peace and security of Osun state.
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