PRESIDENT TINUBU'S MESSAGE TO ALHAJI MOHAMMED IDRIS ON HIS 60TH BIRTHDAY. (PHOTO). #PRESS RELEASE.

Image
 STATEHOUSE PRESS STATEMENT PRESIDENT TINUBU'S MESSAGE TO ALHAJI MOHAMMED IDRIS ON HIS 60TH BIRTHDAY I heartily congratulate Mohammed Idris Malagi, the Minister of Information and National Orientation, on his 60th birthday on May 2, 2026.   Mohammed is an excellent communicator, public relations executive, and media leader who has brought finesse, credibility, and gravitas to public communication in our administration.   His reputation precedes him. He has been at the forefront of the media and public relations industry as the founder and publisher of Blueprint Newspapers and as the chairman of a successful public relations consultancy and broadcast media outfit.   His role as general secretary of the Newspaper Proprietors' Association of Nigeria (NPAN) before his appointment distinguished him as a patriot and valued partner in nation-building.   I commend Mohammed for his diligence, brilliance and doggedness in communicating the achievements, policies, and prog...

TRUMP IMPOSES 25% TARIFF ON INDIA. (PHOTO).


 Trump imposes 25% tariff on India 

President Donald Trump announced on Wednesday that imports from India will be hit with a 25% tariff, marking one of the most aggressive trade measures yet in his second term. The president declared the move in a Truth Social post, accusing India of maintaining tariffs that he called “far too high,” as well as imposing “strenuous and obnoxious” trade barriers. Trump also said that India will face an additional penalty for its continued reliance on Russian energy supplies and military hardware. The announcement comes just two days before a trade negotiation deadline that Trump says will not be postponed, as he prepares to impose a new baseline tariff of up to 20% on dozens of countries. These escalating tariffs follow his April 2 “Liberation Day” pledge to reshape U.S. trade policy, a move that initially sent global markets reeling.

The new tariff on India represents a massive increase from the average 2.4% rate in recent years, affecting nearly $90 billion in goods, including smartphones, chemicals, metals, and agricultural products. India has become a key supplier of iPhones to the U.S. since Apple shifted significant production out of China, with Apple CEO Tim Cook stating earlier this year that most iPhones sold in the U.S. will soon be manufactured in India. Analysts warn that the 25% tariff will drive up costs for American consumers, with the Yale University Budget Lab estimating that tariffs imposed so far will cost households as much as $2,400 in 2025. Trump’s broader tariff policy now places U.S. trade restrictions at levels unseen since the 1930s, with recent deals setting 19% tariffs on imports from Indonesia and the Philippines, 15% on goods from Japan and the European Union, and 20% on products from Vietnam. While Trump argues these policies will level the playing field, economists caution they could disrupt global supply chains and create lasting inflationary pressures.

Comments

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).