Hope this does not affect imports of African food into the US (lol): “In a landmark shift in global trade policy, U.S. President Donald Trump has announced a sweeping 10% baseline tariff on all imports, alongside sharper, country-specific reciprocal tariffs targeting nations that impose higher duties on American goods….
“Among the countries affected is Nigeria, which will now face a 14% U.S. tariff on exports—a direct response to what Washington claims is a 27% duty imposed by Nigeria on U.S. goods. The decision could have significant consequences for Nigeria’s trade sector, particularly as exports to the U.S. have recently shown an uptick after years of stagnation.”
Can the council of Elders of Nigeria beg President Trump on this? Lol. This is a really big issue since most businesses in Nigeria have been optimizing to export to the US. Now this…I wish the government good luck on managing this paralysis.
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Nigeria to Face 14% U.S. Tariff on Exports As Trump’s New Tariff Policy Reshapes Global Trade
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