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Black Thursday

Rostrum The ancient narrow pathway had become so bad that they could not find their way to their destination as the three moved in a grey Honda Sport Utility Vehicle (SUV) being piloted by Dayo who was very mindful of the steering. It was on a Thursday. The 35-year-old Misters Dayo, Emeka and Okon were old time friends who reunited just a few days ago at Nsukka in Enugu State having lost contacts about eight years back, or thereabouts, after their graduation from one of the reputable higher citadels of learning in Nigeria situated in the Eastern part of the country, precisely University of Nigeria Nsukka popularly known by its acronym ‘U.N.N’. What occasioned the long-awaited reunion was the convention of their alma-mater’s alumni body themed ‘The homecoming of UNN Alumni’, which usually held once in a blue moon. Though they never studied in the same department, they were conspicuously best of friends during their school days that people within bega...

Trump further announces 35% Tariffs on Goods from Canada

By Rufus Okoro

The President of the United States (US), Donald Trump, has stated he would further impose a 35% tariff on Canadian goods starting on August 1, 2025 even as the two countries were days away from a self-imposed deadline to reach a new trade deal.

The announcement, which was released on July 11, 2025, came in form of a letter published on Trump's social media platform, Truth Social, alongside additional threats of tariffs of 15% or 20% on most trade partners.

On his part, the Canadian Prime Minister, Mark Carney, said his government would continue to protect his country's workers and businesses as they head towards the new deadline.

Trump had sent more than 20 such letters to other US partners earlier this week. He also said he would soon announce new tariffs on the European Union (EU).

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It's noteworthy that a 25% tariff had already been imposed on some Canadian goods, with the nation also hit hard by Trump's global steel, aluminium and auto tariffs, although there is a current exemption in place for goods that comply with a North American free trade agreement.

It is unclear if the latest tariffs threat would also apply to goods covered by the Canada-United States-Mexico Agreement (CUSMA).

Trump had equally imposed a global 50% tariff on aluminium and steel imports, and a 25% tariff on all cars and trucks not built in the US.

He also recently announced a 50% tariff on copper imports, scheduled to take effect next month.

Canada sells about three-quarters of its goods to the US, and is an auto manufacturing hub and a major supplier of metals, making the US tariffs apparently a hard blow to the aforementioned sectors.