By Esohe Aifuwa
U.S. imposes new Tariffs on Nigeria and other countries
Nigerian businesses face new challenges as the United States, led by President Donald Trump, imposes a 15% tariff on goods from Nigeria and other African nations, signaling a shift in global trade dynamics.
The White House Executive Order aims to recalibrate trade relationships to favor American industries.
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The tariff, effective from 12:01 a.m. on the order’s specified date, applies to imports from Nigeria, Ghana, Zambia, Uganda, Zimbabwe, Malawi, Mozambique, Mauritius, Lesotho, and Madagascar for goods entering the U.S. or withdrawn from storage for sale.
South Africa and Libya face a steeper 30% tariff, while Tunisia’s goods carry a 25% rate. Outside Africa, the U.K. sees a 10% tariff, with India and Japan hit at 25% and 15%, respectively.
The White House framed the tariffs as a “reciprocal trade adjustment” to balance competition for U.S. businesses. This follows earlier tariffs imposed on April 2, 2025, targeting Nigeria among others, as part of Trump’s broader trade strategy.
The Centre for the Promotion of Private Enterprise (CPPE) stated the tariffs could raise costs, curb trade, and pressure the naira further. “This will make it harder for our exporters to thrive in the U.S. market,” a CPPE representative said.
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Analysts are pushing for Nigeria to engage in swift diplomatic talks to mitigate the impact. As these tariffs reshape trade, Nigerian businesses are gearing up to navigate this new economic landscape.