₦airaland Forum

tunapawizzy:
this is still not up to half of what US alone imported from China in 2024(nearly $440billion). Africa does not speak with one voice economically, so it will not be wise for China to think they have the whole of African market because they have a good bilateral trade agreement with some African leaders. Wanting to use over 50 countries(with very low purchasing power) to replace 1 rich country that lives by consumerism and materialism is not it.

China have a trade surplus of $295bn over US compared to trade surplus of $61bn over Africa. This is not something they will find easy to overcome. We know they can produce, but can Africa afford to buy, meanwhile lots of African countries collecting stipend, subsidized medication and aides from US will not really tilt their trade allegiance to China

tilting allegiance to china is not optional to Africa, Africans can't afford American products even when they were made in china talk more of now that they will be made in US

tunapawizzy:
yinmu, the whole of Africa bought $32billion from US in 2024 which was even almost 12% increase over 2023..in the same 2024 the US exported $143billion to China alone
no whine yourself, Africa no follow for the matter

while Africa important 173b Dollars worth of goods from China under the same period.

The trade between China and Africa in 2023 was about 289 billion dollars

WritterNg:
⚡U.S OFFICIALS PLAN TO USE NEGOTIATIONS WITH +70 NATIONS TO ASK THEM TO DISALLOW CHINA TO SHIP GOODS THROUGH THEIR COUNTRIES – WSJ

count Africa and middle East out of this

smokinloud:
How much consuming power does Africa have?.

the 1.54 billion people in Africa don't have any consuming power, they're all starving, they're all walking naked and riding on horse back. Nobody in Africa has car,motorcycle or even bycle,no body in Africa ever bought from any where ,body in Africa can afford a phone or laptop in fact all naira Landers are using calabash to chat,all the cold water and drinks you see in Africa are made cooled using clay pots put inside sand,the TVs in our home were not purchased.

Let me just stop from here

Because the media keeps telling you africa don't have purchasing power,how many westerns uses 15 phones at the same time ,

PHIPEX:
This is becoming madness and childish

US and China should simply close their boarders to each other and allow us enjoy our peace

China exports more to the US and will ultimately lose this war, the ideal thing is to get to the negotiation table and drop all these ego.

As big as China's economy has grown, it can easily be sabotaged by the US. US can easily blackmail African countries etc to stop buying from China

All Obama needed to sabotage Nigeria's fast growing economy was to support Bubu in 2015, now we are a shadow of ourselves

if I Africa don't buy from China where will they buy from

WritterNg:
⚡US tells EU: Pick Us or China.

The U.S. is pressuring the EU to cut economic ties with China as a condition for a future trade deal and tariff relief.

The overall US strategy is to decouple from China, and any country who wishes to have a trade deal with the US will also have to distance itself from Beijing.

many countries will leave US for china ,Africa is on this table

Russia to the world

Some body was advertising it to me some days back

So IDF has not defeated Hamas in after almost 7 years at war,they have not even disarm them , they're yet to even rescue the hostages.


And those are the same people that want to take on IRAn


Hamas is the weakest link on the axis of resistance

WritterNg:
⚡JD Vance:

I think a lot of European nations were right about our invasion of Iraq.

And frankly, if the Europeans had been a little more independent, and a little more willing to stand up, then maybe we could have saved the entire world from the strategic disaster that was the American-led invasion of Iraq.

but he didn't say anything about their impending inversion of iran

At this stage I just want TPain out , anybody can come in even if is the Devil

We are better up under colonialism

Kingsnairaland:
Iran announced cure for cancer

It joins Germany in the list as those who has cancer cure

I think Russia has cancer vaccine too

yes Russia is the only country with vaccine for cancer,Iran and Germany has cure fire it ,US and France has many military bases all over the world

ItisWell22:
A tour across his luxurious dining area with customized furnitures, which may cost some civil servants’ 35years’ pay.

God help us. 😢

it should cost 35 civil servants their 35 years salary

SeeWahala:
Muslims and terrorist supporters will create threads to wail and cry tayaa

Israel will still annihilate all your brothers in the Gaza and strip them naked in readiness to embrace their 72 virgins in Valhalla

no P provided thier daughters are not safe in their own hands

WritterNg:
⚡Saudi artillery shelling is targeting border villages under Houthi control for the second time today and the third time this week.

ones they hit their oil facility they will stop

WritterNg:
⚡Large-scale boycott campaign of American goods reported across China.

the Chinese are more patriotic than the Americans

shoodboi2:
🇺🇸🤦‍♂️👎

yes they can't build it in 4 months because they're busy financing proxy wars around the world just to enrich the military industrial complex,they are also fighting trade wars just to enrich their close associates at the expense of the masses

WritterNg:
⚡China will raise additional tariffs on US goods to 125% from 84%, starting tomorrow.

we will never back down

Gbadebo19:
While the Dow Jones is records its biggest ever single day gain, Chinese Yuan is spiralling out of control despite state support. Yet, Nairaland delusional economists will still write essays that can't solve a simple economic analysis.

china is doing exactly what they're asked not to

ariesbull:
those guys are Muslims and they can be erratic and can't be trusted with such tools

US that are not Muslims have used it not ones , should they also be trusted with it ?

Gbadebo19:
Watcharena, where art thou?
🤣🤣🤣🤣🤣.
Is this the same China that wants to challenge USA? Lol, just lol....

this is exactly what US warned them not to do ,

obedience4:
China is not complaining 🤣🤣😂

You live under a rock 🪨??

drop evidence is more important than all this

Gbadebo19:
Lol, China is the one feeling the heat very badly. Contrary to what you said yesterday, there has been no protest in USA.
On the other hand, China is the one that can't win this tariff war. There is just no way. They have just slapped another 84% tariff on USA goods. All this tariff from China does not do USA any significant harm cos USA Economy is not export dependent unlike Chinese economy that is extremely dependent on export and on USA market for that matter. USA has a very very strong internal purchase power unlike China with a very very weak one.
Trump will still raise it to 400%. By the time the full effects are on China, it will take China a long time to recover. All these tariffs China is using as retaliation are just the mere kicks of a dying horse.

yet china is not complaining,it is US that is calling china to negotiation table,it is US that is begging china not to devalue currency in order to cushion the effect.

China only responded without saying anything but US is crying

WriterrNg:
⚡U.S. Treasury Secretary Bessent Warns China Against Currency Devaluation.

U.S. Treasury Secretary Scott Bessent has warned China against devaluing its currency in response to new tariffs, stating that such a move would be a “tax on the rest of the world.” Bessent urged China not to take this step and instead come to the table for negotiations.

what is their business with china they should do what they want to do in the white house, let the CCP do thier own thing

WriterrNg:
⚡U.S. Treasury Secretary Bessent:

China should not try to devalue their way out of this. They should come to the table.

is like some people are already feeling the heat

Mrexcell:
The Chinese can't win this trade war it will only make americans to readjust their lifestyles or seek a cheaper alternative to cheaper products elsewhere

Americans and Chinese who can adjust easily?

Gbadebo19:
I am wondering what tomorrow's news headline will look like.

it will be filled with protest in US

China is a bigger market than US

Catapault:
WHY HAVEN'T THEY KIDNAPPED YOU?

ANIMAL.

KEEP YOUR SATANIC MIND OUT OF HER BUSINESS, YOU DEVIL.

well my blood sister has been kidnapped before I was indebted for more than 4 years because of the loan I took to pay ransom just to save her life.
I have lost many cousins and uncles to banditry, I have lost many close friends to terrorists and bandits.

My people have paid millions to bandits on the promise they will not attack the village.


I'm currently paying for my parents because they can't leave in their own houses in the villages due to insecurity.

Bro we have seen a lot

She doesn't know the importance of security

When they kidnap her and demand 100m as ransom she will understand that everything is money

okeysoninv:
Number 2 is getting fulfilled now

where is France 2022 world cup trophy

Gbadebo19:
And that's exactly where the division comes in. OPEC doesn't have a strong alliance like that to come to agreement to cut production. Some countries, like Nigeria rely heavily on oil that cutting production will only hamper their finances. Nigeria currently has a budget deficit of about 12 trillion or so, you think a country like Nigeria will agree to cut prices? I seriously don't think so

most countries in OPEC are not even meeting up with the output quota slotted to them ,even Nigeria not until December 2024 they have not been meeting up with what is alloted to them. So it's the few countries that have the capacity to produce more that are running the show like Saudi Arabia and Russia few years back agreed to cut production and it affected the market price .

And again a country like Nigeria will want oil prices to be hight,they will definitely cooperate because the key players can actually crash the price to a point where these followers can not make profit