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US, China Agree To Slash Tariffs In Trade War De-escalation

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The United States and China announced Monday an agreement to drastically reduce tit-for-tat tariffs for 90 days, de-escalating a trade war that has roiled financial markets and raised fears of a global economic downturn.

After their first talks since US President Donald Trump launched his trade war, the world’s two biggest economies agreed in a joint statement to bring their triple-digit tariffs down to two figures and continue negotiations.

US Treasury Secretary Scott Bessent described the weekend discussions with Chinese Vice Premier He Lifeng and international trade representative Li Chenggang as “productive” and “robust”.

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“Both sides showed a great respect,” Bessent told reporters.

READ ALSO:US Ends Tariff Exemption On Small China Shipments

Trump had imposed duties of 145 percent on imports for China last month — compared to 10 percent for other countries in the global tariff blitz he launched last month.

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Beijing hit back with duties of 125 percent on US goods.

The United States agreed to lower its tariffs on Chinese goods to 30 percent while China will reduce its own to 10 percent.

China hailed the “substantial progress” made at the talks, which were held at the discreet villa residence of Switzerland’s ambassador to the United Nations in Geneva.

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This move… is in the interest of the two countries and the common interest of the world,” the Chinese commerce ministry said, adding that it hoped Washington would keep working with China “to correct the wrong practice of unilateral tariff rises”.

READ ALSO: U.S, China Tariff War Could Slash Trade By 80%, Okonjo-Iweala Warns

Stock markets and the dollar, which tumbled after Trump unleashed his global tariff blitz in April, rallied after the announcement.

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– Fentanyl ‘cooperation’ –

The US tariff rate remains higher than China’s because it includes a 20-percent levy put in place over US complaints about Chinese exports of chemicals used to make fentanyl, US Trade Representative Jamieson Greer told reporters.

“Those remain unchanged for now,” he said, adding though that “both the Chinese and United States agreed to work constructively together on fentanyl and there is a positive path forward there as well”.

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In their joint statement, the two sides agreed to “establish a mechanism to continue discussions about economic and trade relations”.

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Christian Genocide’: Trump Designates Nigeria As Country Of Particular Concern

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United States President, Donald Trump, has named Nigeria a “country of particular concern,” citing what he described as a growing threat to Christianity in the nation.

In a statement on Truth Social on Friday, Trump claimed thousands of Christians have been killed by radical Islamist groups and urged U.S. lawmakers to investigate the situation urgently.

Trump maintained that the United States would not stand by while Christians in Nigeria and other parts of the world face persecution, adding that America remains ready to protect Christian populations globally.

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He said, “Christianity is facing an existential threat in Nigeria. Thousands of Christians are being killed. Radical Islamists are responsible for this mass slaughter. I am hereby making Nigeria a “COUNTRY OF PARTICULAR CONCERN” — But that is the least of it.

READ ALSO:Trump Breaks Silence On ‘Christian Genocide’ In Nigeria

“When Christians, or any such group, is slaughtered like is happening in Nigeria (3,100 versus 4,476 Worldwide), something must be done! I am asking Congressman Riley Moore, together with Chairman Tom Cole and the House Appropriations Committee, to immediately look into this matter, and report back to me.

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“The United States cannot stand by while such atrocities are happening in Nigeria, and numerous other Countries. We stand ready, willing, and able to save our Great Christian population around the World!”

His declaration follows increasing criticism from U.S. politicians and public figures who claim that Christians in Nigeria are facing systematic violence.

Recently, US comedian and HBO host Bill Maher accused Islamist groups of carrying out a genocide against Christians in the country.

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READ ALSO:Trump Refiles $15bn Defamation Lawsuit Against New York Times

“I’m not a Christian, but they are systematically killing the Christians in Nigeria. They’ve killed over a hundred thousand since 2009. They’ve burnt 18,000 churches. These are the Islamists, Boko Haram. This is so much more of a genocide attempt than what is going on in Gaza.

“They are literally attempting to wipe out the Christian population of an entire country,” Maher said.

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Similarly, US Senator Ted Cruz claimed that Nigerian government officials were “ignoring and even facilitating the mass murder of Christians by Islamist jihadists.”

Cruz also lamented that Christians in the country were being targeted for their faith by terrorist groups and “are being forced to submit to sharia law and blasphemy laws across Nigeria.”

READ ALSO:FIFA’s Use Of Kebbi Stadium In Banner Sparks Outrage, Funding Row

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He said it was “long past time to impose real costs on the Nigerian officials who facilitate these activities,” adding that he had introduced the Nigeria Religious Freedom Accountability Act to the US Senate to sanction such officials.

In the same vein, Riley Moore, who represents West Virginia’s 2nd District in the US Congress, wrote to the US Secretary of State, Marco Rubio, urging him to designate Nigeria as a Country of Particular Concern.

Moore also called for a suspension of arms sales and technical support to Nigeria until the government demonstrates commitment to ending what he described as “a reign of persecution and slaughter against Christians.”

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However, both the Christian Association of Nigeria (CAN) and the Nigerian Presidency have dismissed the allegations of a Christian genocide.

While CAN described the reports as false narratives peddled by foreign agents, the Presidency insisted that there is no religious war taking place in the country.

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Trump Breaks Silence On ‘Christian Genocide’ In Nigeria

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In a stark rebuke to months of escalating violence, President Donald Trump has declared Nigeria a “country of particular concern” over what he described as an “existential threat” to Christianity, accusing radical Islamists of orchestrating a mass slaughter of believers in the West African nation.

The announcement, posted on Truth Social on Friday, marks the administration’s most direct intervention yet in a crisis that has claimed thousands of lives this year alone, reigniting debates over US policy toward religious persecution abroad.

Full statement below;

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READ ALSO:Trump Urged Ukraine To Give Up Land In Peace Deal Talks — Official

“Christianity is facing an existential threat in Nigeria. Thousands of Christians are being killed. Radical Islamists are responsible for this mass slaughter. I am hereby making Nigeria a “COUNTRY OF PARTICULAR CONCERN” — But that is the least of it.

“When Christians, or any such group, is slaughtered like is happening in Nigeria (3,100 versus 4,476 Worldwide), something must be done! I am asking Congressman Riley Moore, together with Chairman Tom Cole and the House Appropriations Committee, to immediately look into this matter, and report back to me.

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“The United States cannot stand by while such atrocities are happening in Nigeria, and numerous other Countries. We stand ready, willing, and able to save our Great Christian population around the World!”

 

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Tanzania Protesters Loot Singer Juma Jux Fashion Store

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Tanzanian protesters have reportedly looted singer Juma Jux’s fashion store.

Unrest erupted on Thursday after a disputed general election marked by disqualification and detention of the key opposition figures in Tanzania.

The protesters are demanding cancellation of the election results, alleging irregularities in the country’s presidential election.

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READ ALSO:Police Rescue Suspected Phone Thief From Being Lynched In Delta

Amid the development, a controversial post by an X user Bolaji Fesomade alleged that the singer store valued at $780 million has been set ablaze by protesters.

Reacting to the report, Juma Jux’s wife, Priscilla Ojo on her Snapchat account, dismissed the claims, noting that the store was looted and not burnt.

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She simply wrote; “Looted not Burnt”.

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