Trump Always Chickens Out’: Taco Jibe Ruffles President’s Feathers
There’s a new joke making the rounds among investors on Wall Street. It’s called the “Taco trade,” short for “Trump Always Chickens Out.” This nickname suggests that whenever Donald Trump makes moves that scare the markets, he usually steps back or changes his approach later. Investors are using this idea to make sense of how […]
President Trump reacts to claim he’s ‘chickening out’ on tariffs just because he keeps changing rates (video)
President Donald Trump became visibly upset after hearing about a new nickname from Wall Street analysts who’ve been watching his trade moves closely. The nickname, “TACO Trade,” stands for “Trump Always Chickens Out.” It suggests that he often backs away from aggressive tariff threats, which is why investors believe the stock market has been rising. […]
Trump’s tariffs threaten Nigerian Manufacturers — MAN DG
The Director General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, has raised concerns about new U.S. tariffs introduced by President Donald Trump. He said these tariffs could seriously affect Nigeria’s manufacturing sector and weaken the country’s economy. According to Ajayi-Kadir, Trump’s decision is part of his “America First” policy to support American businesses. […]
Tariffs: Don’t strike trade deal with US at our expense – China warns countries
China has warned other countries not to make trade deals with the United States that would harm China. This warning comes as tensions grow between the two largest economies in the world. On Monday, China’s Commerce Ministry said that while China supports fair and equal discussions to solve trade problems, it will not accept any […]
Tariff war could cut US-China goods trade by 80% – WTO Chief Okonjo-Iweala
The head of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has warned that the trade war between the United States and China could cut goods trade between the two countries by 80%. She said this could also hurt the rest of the world’s economy. “The escalating trade tensions between the United States and China pose […]
Trump’s administration secures more investments in 11 weeks than Biden’s entire first term – White House
In just 11 weeks of his second term, President Donald Trump has attracted more investment into the United States than Joe Biden did during his full four-year term. The White House shared this update on Saturday through a statement on X (formerly Twitter). According to the post, Trump’s new policies are already starting to show […]
Naira records highest depreciation against dollar amid Trump’s tariff war
This week, the Nigerian naira experienced its biggest drop against the US dollar at the official exchange market. The Central Bank of Nigeria (CBN) reported that the naira fell to N1,552.53 per dollar on Thursday, down from N1,531.25 on Wednesday. This represents a N21.28 drop in just one day, the largest single-day decline since March […]
China files WTO complaint over ‘discriminatory’ Trump tariffs
China has officially filed a complaint with the World Trade Organization (WTO) against the US over new tariffs on Chinese goods. The 10% tariffs, introduced by former President Donald Trump, took effect recently, prompting China to retaliate with its own tariffs on American coal, oil, and agricultural products. Beijing claims that these tariffs break international […]
Canada Will ‘Respond Robustly’ If Trump Imposes ‘Unfair Tariffs’ – PM Trudeau
Canadian Prime Minister Justin Trudeau has announced that Canada will take firm action if Donald Trump imposes new tariffs on Canadian goods. Speaking at a press conference, Trudeau said Canada is ready to protect its interests and support its citizens. “If unfair tariffs are imposed, we will respond strongly,” Trudeau stated. Trump recently revealed plans […]
Trump mulls 25% tariffs on Canada, Mexico
US President Donald Trump has announced his intention to impose a 25% tariff on goods imported from Canada and Mexico. He revealed this plan on Monday, shortly after taking office, and suggested the tariffs might begin on February 1. While signing various orders at the White House, Trump said, “We’re thinking in terms of 25 […]