Diaspora
Assessing the Impact of President Trump’s Tariff Policies
The tariff policies implemented by U.S. President Donald Trump have caused significant disruptions in global markets, leaving many businesses uncertain about how to plan for the future. Despite repeated announcements and adjustments, the overall effectiveness of these policies remains ambiguous.
From the outset of his second term, Trump aggressively pursued tariffs as a tool for trade and security leverage. Within days of taking office, he imposed 25% tariffs on most Mexican and Canadian imports, alongside a 10% tariff on Chinese goods.
The justification was twofold: curbing the flow of fentanyl and reducing undocumented immigration. However, these tariffs were soon suspended for Canada and Mexico—albeit temporarily—for 30 days in exchange for concessions related to border security and law enforcement. China, however, remained under the initial tariff burden.
In the months that followed, Trump escalated his trade war: he reinstated and raised tariffs on Canadian and Mexican goods, imposed 25% duties on steel, aluminum, and automotive imports, and doubled tariffs on Chinese goods linked to fentanyl concerns to 20%.
The administration’s approach remained erratic. Tariffs on car imports from North American neighbors were introduced, suspended, and then replaced with a sweeping 25% tariff on all global car imports.
In April, Trump introduced a “reciprocal” tariff regime, applying a 10% baseline tariff on all countries. This announcement triggered turmoil in financial markets, prompting a temporary 90-day pause—though the 10% tax remained. A more punitive 145% tariff on Chinese imports was enacted, prompting a retaliatory 125% tariff on American goods from Beijing.
Some relief followed, as the U.S. began rolling back tariffs in line with new trade agreements. A limited deal with the United Kingdom reduced the U.S. tariff on British auto imports from 27.5% to 10%, frustrating domestic automakers who now faced increased competition.
A more significant development came with the temporary truce between the U.S. and China. Both nations agreed to a 90-day pause and partial rollback, with U.S. tariffs lowered to 30% and China’s to 10%, while negotiations continued.
Even before this agreement, exceptions had been quietly made for high-demand technology products such as smartphones and computers—most of which are imported from China. The deal also reduced duties on low-value Chinese imports (valued under $800), cutting the tariff from 120% to 54%.
These low-value goods, previously exempt from import duties, were criticized for being channels for cheap goods and, allegedly, for drug trafficking—one of the original rationales for imposing tariffs.
Despite these tariff reductions, uncertainty continues to plague businesses, especially small enterprises. Such businesses, which employ nearly half of the U.S. workforce and contribute 43.5% of the country’s GDP, are especially vulnerable due to their limited resources to absorb rising costs and market instability.
This economic ambiguity is contributing to broader concerns. A Bloomberg poll cited a nearly 50% chance of a U.S. recession within the next year. Consumer confidence has plunged to a 13-year low, and inflation is projected to rise mid-year—despite a modest annual inflation rate of 2.3% in April.
Retailers are already feeling the pressure. Walmart, the largest importer of container goods into the U.S. (many from China), warned that it would need to raise prices by month’s end due to persistent tariff costs—even after recent reductions.
Trump himself acknowledged potential consumer impacts, remarking that American children might “have two dolls instead of 30,” with the remaining toys costing slightly more.
While some corporations, including Apple, have announced multi-billion-dollar investment plans in the U.S., analysts note that many of these figures include prior commitments. Thus, these announcements may reflect more about financial forecasting than actual job creation.
Overall, the Trump administration’s tariff policy has been marked by unpredictability, market volatility, and limited clarity on long-term strategy. Although some trade agreements have been reached and select investments announced, the broader economic and geopolitical gains remain uncertain.
11 Killed, 14 Injured in Mass Shooting at South African Hostel
At least 11 people, including a three-year-old child, have been killed in a mass shooting at a hostel in Saulsville township, west of Pretoria, South Africa’s capital.
Police spokesperson Brigadier Athlenda Mathe said three unidentified gunmen stormed the premises around 4:30am on Saturday and fired “randomly” at a group of people who were drinking.
A 12-year-old boy and a 16-year-old girl were also among the dead.
Mathe confirmed that 25 people were shot in total, with 14 others wounded.
No arrests have been made, and the motive for the attack remains unclear.
Authorities described the venue as an “illegal shebeen,” noting that many mass shootings in the country occur in such unlicensed liquor spots.
Police shut down 12,000 illegal outlets between April and September and arrested more than 18,000 people nationwide.
South Africa continues to battle soaring violent crime.
According to UN data, the country recorded a murder rate of 45 per 100,000 people in 2023–24, while police statistics show that 63 people were killed daily between April and September.
Benin Foils Military Coup Attempt, 14 Arrested
The government of Benin says it has thwarted an attempted coup after a group of soldiers tried to seize power in the early hours of Sunday.
Interior Minister Alassane Seidou, in a televised address, said the armed forces “remained committed to the republic” as loyalist troops moved swiftly to suppress what he described as “a mutiny aimed at destabilising the state and its institutions.”
Earlier, the renegade soldiers, led by Lt-Col Pascal Tigri, briefly took over the national television station and announced that President Patrice Talon had been removed.
It was reported that gunfire erupted near the presidential residence in Porto-Novo, while journalists at the state broadcaster were held hostage for several hours.
A presidential adviser later confirmed that Talon was safe, dismissing rumours that he had sought refuge at the French embassy.
French diplomats also denied the reports.
Government spokesperson Wilfried Leandre Houngbedji told Reuters that 14 people had been arrested so far.
A journalist in Cotonou said 12 of those detained were involved in storming the TV station, including a previously dismissed soldier.
The attempted takeover triggered heavy security deployment across Cotonou, with helicopters hovering overhead and major roads cordoned off.
Foreign embassies, including those of France, Russia, and the United States, issued advisories urging citizens to stay indoors.
In their broadcast, the rebel soldiers accused Talon of neglecting worsening insecurity in northern Benin, where militants linked to Islamic State and al-Qaeda have carried out deadly attacks near the borders with Niger and Burkina Faso.
They also protested rising taxes, cuts to public healthcare, and alleged political repression.
President Talon, 67, who came to power in 2016 and is expected to leave office next year after his second term, has faced growing criticism over democratic backsliding, including the barring of key opposition figures and recent constitutional amendments.
Sunday’s events add to a worrying pattern of military takeovers across West Africa, with recent coups in Burkina Faso, Guinea, Mali, Niger, and, just last week, Guinea-Bissau.
Ecowas, the AU, and Nigeria have all condemned the attempted coup in Benin, calling it a threat to regional stability.
Nigeria described the failed plot as a “direct assault on democracy” and commended Benin’s security forces for protecting the constitutional order.
Killings in Nigeria: ‘Enough is Enough,’ SNG-USA Cries Out from U.S. Capitol
By Boniface Ihiasota, USA
The Save Nigeria Group USA (SNG-USA) has intensified calls for urgent international action to halt what it described as a full-scale genocide against Christians in Nigeria.
Its President, Stephen Osemwegie, led a major rally at the U.S. Capitol Grounds in Washington, D.C., drawing Nigerians, Americans, clergy, human rights advocates and members of the diaspora to stand in solidarity with victims of violence.
Addressing the crowd in frigid weather, Osemwegie said millions of Christians across several Nigerian states live under constant threat of attacks.
He detailed a series of atrocities, including beheaded pastors, torched churches, abducted women and children, razed villages and wiped-out communities, insisting that the violence had long surpassed communal clashes and now represented a coordinated effort to annihilate Christian populations.
He cited the recent abduction of more than 300 pupils of Saint Mary’s Catholic School as evidence of the systematic nature of the attacks.
Osemwegie accused the Nigerian government of failing to uphold its constitutional responsibility to protect citizens, describing the 1999 Constitution as “a document imposed by soldiers” that had created a centralized system empowering extremists while weakening regional autonomy and endangering minority communities.
He called for a return to a constitutional framework similar to that of 1960, which he said would restore balanced governance and empower regions to safeguard their people.
The SNG-USA president commended U.S. President Donald J. Trump for redesignating Nigeria as a Country of Particular Concern (CPC), praising him for moral clarity and willingness to act when others remained silent.
He urged the U.S. Government to enforce the designation fully, including sanctions, visa restrictions, and asset freezes against individuals, officials, and networks allegedly involved in terror financing, mass displacement, or the concealment of atrocities.
Osemwegie also called on U.S. Senate and House leadership to act with urgency, warning that every delay could cost more lives.
He appealed to Senate Republican Leader John Thune to advance Senator Ted Cruz’s legislation targeting violent extremist groups and their sponsors, and urged House Speaker Mike Johnson to move forward with resolutions formally recognising the killings of Christians in Nigeria as genocide.
He further demanded the release of thousands of pages of FBI documents allegedly related to criminal investigations involving Nigeria’s President, stressing that transparency was essential for both American and Nigerian interests.
Highlighting the case of Sunday Jackson, a Christian farmer reportedly sentenced to death for defending his community from attacks, Osemwegie said the situation reflected a justice system in which “killers walk free while defenders face execution.”
He emphasised that the movement was driven by conscience and divine instruction, and vowed that the group would continue to speak for the voiceless and defend the persecuted.
Following the rally, SNG-USA issued a statement reaffirming its position and thanking American political leaders for engaging with the group.
It expressed appreciation to Donald Trump for considering its appeals, to Senators Thune and Ted Cruz for their leadership, and to House Speaker Mike Johnson and Congressmen Riley Moore and Chris Smith for meeting with its delegation.
The group also offered condolences to Congressman Moore and the people of West Virginia over the deaths of recently fallen members of the West Virginia National Guard.
The statement revealed that senior officials of the U.S. Department of State held a two-hour closed-door meeting with SNG-USA representatives, during which survivors of attacks provided firsthand testimonies.
The organisation expressed optimism about the State Department’s willingness to listen and commitment to global religious freedom.
SNG-USA also acknowledged U.S. media outlets for hthe crisis. It thanked clergy, human rights organisations, Nigerian-American communities, and other supporters who participated in the rally despite freezing temperatures.
Osemwegie concluded by pledging that the group would remain resolute until justice is served, the killings stop, and displaced Christians are restored to their homes. He declared, “We will not stop until the genocide ends.”
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Diaspora Watch 20th Edition (October 14-20, 2024): Your Trusted Source for Global News and Insights
