TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

Trump slaps Nigeria with 15% trade tariff

The Editor by The Editor
August 1 2025
in Business, Global News
A A
0
Trump slaps Nigeria with 15% trade tariff

Nigeria and dozens of other countries have been hit with a 15% import tariff under a sweeping trade order signed by US President Donald Trump, as part of his administration’s revised global tariff strategy.

The White House announced the updated reciprocal tariff rates on Thursday, marking a significant escalation in Trump’s broader trade offensive that began earlier this year.

In April, Trump imposed a 14% tariff on Nigerian imports, citing the need for fairer trade terms. That move was followed by a 90-day grace period to allow time for bilateral trade negotiations, pushing the final decision deadline to August 1.

However, the majority of talks failed to result in new trade agreements. As a result, the new tariff rates are now being implemented, with Nigeria among dozens of countries facing increased duties under the revised plan.

African countries, including Nigeria, were unable to secure individual trade deals with the United States despite urgent efforts from both sides.

During the negotiation window, Trump also reintroduced travel restrictions targeting several African nations.

Though Nigeria was initially exempt, it was later added to the list as the policy evolved.

Nigeria’s Minister of Foreign Affairs, Yusuf Tuggar, noted that West African nations were eager to strengthen trade ties with the United States but pointed to the travel restrictions as a major hindrance.

Under the revised tariff schedule:

15% tariffs now apply to Nigeria, Angola, Ghana, South Korea, Turkey, Japan, Israel, Norway, and several others.

10% tariffs target countries such as the Falkland Islands, the United Kingdom, and others not explicitly listed.

Tariffs climb to 18% for Nicaragua, 19% for countries like Indonesia and Pakistan, and 20% for Bangladesh, Vietnam, and others.

More severe penalties include 25–41% tariffs for countries like India, South Africa, Iraq, and Syria.

Switzerland faces a steep 39% duty, while Laos and Myanmar are hit with 40%.

Syria tops the list at 41%.

Meanwhile, negotiations are still ongoing with China, Washington’s main trade rival.

Canada is facing a 35% tariff, while Mexico was hit with a trio of levies, including a 50% duty on metals.

Brazil, previously under a 10% tariff, was slapped with an additional 40% charge on Thursday, bringing its total to 50%.

Previous Post

80% of bandit attacks aided by local informants, says Katsina govt

Next Post

NOA alerts public on fake currency in circulation

Related Posts

Sahara Group 2025 Sustainability Report underscores “Beyond Energy” commitment globally
Business

Sahara Group 2025 Sustainability Report underscores “Beyond Energy” commitment globally

May 11 2026
Guinness Nigeria CEO attributes strong 2026 start to operational efficiency, localised decision-making, others
Business

Guinness Nigeria CEO attributes strong 2026 start to operational efficiency, localised decision-making, others

May 10 2026
Lagos rules out subsidy for electricity consumers
Business

Lagos rules out subsidy for electricity consumers

May 10 2026
Nigeria signs MoU with Chinese firms to operate Warri, Port Harcourt refineries
Business

Atiku demands halt to Port Harcourt, Warri refineries deal with Chinese firms

May 8 2026
Instagram ends support for end-to-end encrypted DMs
Global News

Instagram ends support for end-to-end encrypted DMs

May 8 2026
New York governor bans ICE agents from wearing masks
Global News

New York governor bans ICE agents from wearing masks

May 7 2026
Next Post
Naira sheds 2.6% in March despite CBN intervention

NOA alerts public on fake currency in circulation

Ondo governor approves employment of 1,100 primary school teachers

Court restrains Ondo governor from appointing monarch

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Ebonyi State lifts 3-month curfew after bloody boundary crisis

Ebonyi State lifts 3-month curfew after bloody boundary crisis

by The Editor
May 5 2026
0

...

Ondo community begs Gov. Aiyedatiwa to intervene in regent appointment crisis

Ondo community begs Gov. Aiyedatiwa to intervene in regent appointment crisis

by The Editor
April 30 2026
0

...

Service Chiefs: Let the changes count – Punch

Tinubu approves ₦17bn grassroots devt fund for 8,804 wards

by The Editor
April 22 2026
0

...

Police launch manhunt for killers of Imo traditional ruler

Police launch manhunt for killers of Imo traditional ruler

by The Editor
April 11 2026
0

...

APPOINTMENTS

Tinubu creates Homeland Security adviser role, appoints ex-army general

Tinubu creates Homeland Security adviser role, appoints ex-army general

by The Editor
May 11 2026
0

...

Soludo appoints MDs for three Anambra agencies

Soludo appoints MDs for three Anambra agencies

by The Editor
May 4 2026
0

...

Tinubu seeks Omidiran, 28 others’ confirmation as FCC members

Tinubu approves immediate assignment of four new permanent secretaries

by The Editor
May 4 2026
0

...

FirstBank confirms appointment of Olayinka Ijabiyi as Group Head, Marketing & Corporate Communications

FirstBank confirms appointment of Olayinka Ijabiyi as Group Head, Marketing & Corporate Communications

by The Editor
May 1 2026
0

...

ODDITIES

Police begin disciplinary action against officer in viral misconduct video

Police begin disciplinary action against officer in viral misconduct video

by The Editor
May 10 2026
0

Gombe magistrate lands in jail for bribery

Gombe magistrate lands in jail for bribery

by The Editor
May 7 2026
0

I got N500,000 to bathe spa worker with acid, says suspect

I got N500,000 to bathe spa worker with acid, says suspect

by The Editor
May 7 2026
0

GLOBAL NEWS

Instagram ends support for end-to-end encrypted DMs

Instagram ends support for end-to-end encrypted DMs

by The Editor
May 8 2026
0

...

New York governor bans ICE agents from wearing masks

New York governor bans ICE agents from wearing masks

by The Editor
May 7 2026
0

...

France to raise tuition fees for non-EU students

France to raise tuition fees for non-EU students

by The Editor
May 7 2026
0

...

US diplomat meets Pope Leo XIV in bid to ease tensions

US diplomat meets Pope Leo XIV in bid to ease tensions

by The Editor
May 7 2026
0

...

Trump sees swift end to war as Iran reviews US peace proposal

Trump sees swift end to war as Iran reviews US peace proposal

by The Editor
May 7 2026
0

...

State of the States

Okpebholo promises justice for slain UNIBEN student

Okpebholo promises justice for slain UNIBEN student

by The Editor
May 11 2026
0

...

Gov. Mbah pledges to end road crashes in Enugu

Enugu govt to build 660MW coal-fired power plant

by The Editor
May 7 2026
0

...

Davido backs Adeleke’s re-election, joins campaign mobilisation in Osun

Otti pledges to keep security as top priority in Abia

by The Editor
May 7 2026
0

...

Oyo State introduces daily environmental sanitation

Oyo State introduces daily environmental sanitation

by The Editor
May 5 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Tinubu creates Homeland Security adviser role, appoints ex-army general

Tinubu creates Homeland Security adviser role, appoints ex-army general

May 11 2026
FIFA names 11-member panel for 2026 World Cup analysis, awards

FIFA names 11-member panel for 2026 World Cup analysis, awards

May 11 2026

Peter Obi’s exit left a void in Labour Party — Spokesperson

May 11 2026
Sahara Group 2025 Sustainability Report underscores “Beyond Energy” commitment globally

Sahara Group 2025 Sustainability Report underscores “Beyond Energy” commitment globally

May 11 2026

EDITORIAL REVIEW

Urgent measures needed against hantavirus – Punch

Urgent measures needed against hantavirus – Punch

by The Editor
May 10 2026
0

Nigeria at critical juncture – Vanguard

The cost of living crisis is becoming a national emergency – PM News

by The Editor
May 7 2026
0

Robbers on the rampage – Punch

Robbers on the rampage – Punch

by The Editor
May 7 2026
0

Outrageous extrajudicial Delta police killing – Punch

by The Editor
May 5 2026
0

Oyedele’s moment: Not business as usual – Punch

Oyedele’s moment: Not business as usual – Punch

by The Editor
May 4 2026
0

Opinion

The dangers of a one-party state

The dangers of a one-party state

by The Editor
May 5 2026
0

...

Dear Senator Tinubu, Buhari has thrashed us all!

NBC’s real struggle

by The Editor
April 30 2026
0

...

Even INEC admonishes the media?

Even INEC admonishes the media?

by The Editor
April 12 2026
0

...

Enugu: Gov Mbah presents N521.5bn budget for 2024

Mbah: From contested mandate to constructive governance in Enugu

by The Editor
April 9 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.