President Donald Trump on Wednesday announced a 90-day pause of the higher tariffs against 60-odd trading partners that went into effect earlier today, with the exception of China — an abrupt reversal of his market-rattling trade policy.
Trump, in a Truth Social post, said he plans to keep the administration’s global baseline tariff increase of 10 percent in place for all countries.
But tariffs he imposed on China will continue to rise, Trump wrote, increasing to 125 percent, due to Beijing’s continued retaliation.
<div><img width="300" height="180" src="https://www.naijanews.com/wp-content/uploads/2025/01/PDP-Governors-300x180.png" class="attachment-medium size-medium wp-post-image" alt="" style="margin-bottom: 15px;" decoding="async" fetchpriority="high" srcset="https://www.naijanews.com/wp-content/uploads/2025/01/PDP-Governors-300x180.png 300w, https://www.naijanews.com/wp-content/uploads/2025/01/PDP-Governors-768x460.png 768w, https://www.naijanews.com/wp-content/uploads/2025/01/PDP-Governors-590x354.png 590w, https://www.naijanews.com/wp-content/uploads/2025/01/PDP-Governors-400x240.png 400w, https://www.naijanews.com/wp-content/uploads/2025/01/PDP-Governors.png 841w" sizes="(max-width: 300px) 100vw, 300px" /></div>
<p>A member of the National Executive Committee (NEC) of the Peoples Democratic Party (PDP), Hon. Umar Abdullahi, has warned that the PDP Governors Forum’s declaration of support for Sunday Ude-Okoye as the party’s National Secretary will further deepen the ongoing crisis within the party. Speaking to journalists in Abuja on Sunday, Abdullahi described the governors’ […]</p>
<p>The post <a href="https://www.naijanews.com/2025/02/03/your-position-inflammatory-not-good-nec-member-tackles-pdp-governors-over-partys-crisis/">‘Your Position Inflammatory, Not Good’ – NEC Member Tackles PDP Governors Over Party’s Crisis</a> appeared first on <a href="https://www.naijanews.com">Naija News</a>.</p>
Opposition to Russian President Vladimir Putin’s mobilization of 300,000 more troops to fight in Ukraine continues to grow after two leading Russian politicians voiced concerns…