bloomshorts Nigeria has been included in a list of countries facing new tariffs as part of a global trade war initiated by U.S. President Donald Trump.
The U.S. has set a baseline tariff of 10% on all imports, with additional duties targeting specific products and countries. Nigeria will bear a 15% tariff, joining a diverse group of nations affected by these measures.
COUNTRY-SPECIFIC TARIFFS
From Afghanistan to the United Kingdom, the tariffs vary widely, reflecting the Trump administration’s targeted approach to trade. Here’s a glimpse of the affected countries and their respective tariffs:
- Afghanistan – 15%
- Algeria – 30%
- Brazil – 50%, with exceptions for certain sectors
- China – 30%, with additional tariffs on some products
- European Union – 15% on most goods
- United Kingdom – 10%, with exemptions for some auto and metal imports
This move has sparked discussions on the potential impacts on global trade dynamics and economic relations.
