• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Economy

Trump imposes 14% tariff on Nigeria’s export to the United States of America

Analysts Nairametrics by Analysts Nairametrics
April 2, 2025
in Economy, Markets, Socio Economic, Spotlight
Trump imposes 14% tariff on Nigeria’s export to the United States of America
Share on FacebookShare on TwitterShare on Linkedin

In a sweeping move that could redefine global commerce, U.S. President Donald Trump has announced a baseline 10% tariff on all U.S. imports, alongside sharper, country-specific reciprocal tariffs aimed at nations that impose steeper duties on American goods.

Exports from Nigeria to the US will attract a 14% tariff compared to the 27% that the US government claims it receives from Nigeria.

Nigeria’s trade with the United States printed a combined N31.1 trillion between 2015 and 2024 (10 years), according to data from the NBS. Total imports within this period were N16.4 trillion or 8.7% of Nigeria’s global exports.

RelatedStories

Trump halts tariff hikes on most trade partners, raises China duties to 125% 

Trump courts African mineral-rich nations, snubs Nigeria and South Africa in strategic White House summit 

July 9, 2025
Trump halts tariff hikes on most trade partners, raises China duties to 125% 

Trump sets August 1 tariff deadline as global trade talks intensify 

July 7, 2025

The announcement, made during a Rose Garden event tagged “Liberation Day,” marks a dramatic shift from decades of free-trade orthodoxy that has underpinned the global economy since World War II.

Trump declared the start of what he called a new era of “fair trade,” promising to “supercharge America’s industrial base” and force open foreign markets long accused of shutting out U.S. goods.

  • “This is one of the most important days in American history,” Trump said. “We will supercharge our domestic industrial base, we will pry open foreign markets and break down foreign trade barriers.”

The new tariffs, which take immediate effect, apply to more than 50 countries. They include major trade partners like China, the European Union, India, and Japan, as well as developing economies in Asia, Africa, and Latin America.

Africa in focus: Nigeria, Ghana, and others face new U.S. tariff regime


US share of Nigeria's Trade Export - Source Nairalytics/NBS US share of Nigeria’s Trade Export – Source Nairalytics/NBS[/caption]

Nigeria’s exports to US as a percentage of global exports has declined over the years as the US buys less of Nigeria’s crude oil. 


The Trump administration’s reciprocal tariff policy is also set to impact several African nations, with countries like Nigeria, Ghana, Ethiopia, and Mauritius featured on the latest White House list of tariff adjustments.

According to the data, Nigeria currently imposes a 27% tariff on U.S. goods. Under the new policy, the U.S. will apply a 14% reciprocal tariff on Nigerian exports, marking a significant change in the trade dynamics between both nations.

While Nigeria is not among the highest tariff imposers, the adjustment signals that the U.S. is casting a wide net that includes not just economic rivals but also developing nations with whom it previously maintained preferential trade terms.

Mauritius is another major African economy affected, with the U.S. citing an 80% tariff burden on its exports.

A 40% reciprocal tariff has now been proposed—one of the steepest in the African bloc. Ghana and Ethiopia, by contrast, impose relatively low tariffs on U.S. goods (17% and 10% respectively), and will see the U.S. apply matching or near-matching tariffs in return (10% each).

Other African countries listed include

  • Algeria: 59% tariff on U.S. goods; 30% reciprocal U.S. tariff
  • Namibia: 42% vs 21%
  • Lesotho: 99% vs 50%
  • Kenya: 10% vs 10%

These adjustments could carry significant implications for African economies that depend heavily on U.S. trade preferences, such as those under the African Growth and Opportunity Act (AGOA).

For Nigeria and others seeking to diversify their export base beyond crude oil, this shift presents both a challenge and a wake-up call.

Without revisiting their own tariff regimes or negotiating new trade terms, many African economies risk losing access to the world’s largest consumer market—or face higher barriers to entry.

Key Country Tariff on US goods va Proposed US tariff

  • Vietnam 90% vs US 46%
  • Cambodia 97% vs US 49%
  • Bangladesh 74% vs US 37%
  • China 67% vs US 34%
  • Thailand 72% vs US 36%
  • Indonesia 64% vs US 32%
  • India 52% vs US 26%
  • Taiwan 64% vs US 32%
  • South Korea 50% vs US 25%
  • Japan 46% vs US 24%
  • Malaysia 47% vs US 24%
  • South Africa 60% vs US 30%
  • Sri Lanka 88% vs US 44%
  • Israel 33% vs US 17%
  • Philippines 34% vs US 17%
  • EU 39% vs US 20%
  • UK 10% vs US 10%
  • Brazil 10% vs US 10%
  • Singapore 10% vs US 10%
  • Chile 10% vs US 10%
  • Australia 10% vs US 10%
  • Turkey 10% vs US 10%
  • Pakistan 58% vs US 29%
  • Colombia 10% vs US 10%

At the heart of Trump’s new trade doctrine is a concept his administration calls “reciprocal tariffs.” Under this framework, the U.S. imposes duties on imports equivalent to half the tariff rates those countries apply to American exports.

A chart displayed during the “Make America Wealthy Again” event listed countries deemed to be the worst offenders.

These include Vietnam, Cambodia, and Bangladesh, all of which levy tariffs above 70% on U.S. goods. Under the new plan, U.S. import tariffs on their goods will now range between 37% and 49%.


Note: This article has been updated to include the tariff to Nigeria


Follow us for Breaking News and Market Intelligence.
Tags: 14% tariff on Nigeria's exportDonald TrumpNigeriaU.S. importsUnited States Of America
Analysts Nairametrics

Analysts Nairametrics

Related Posts

Trump halts tariff hikes on most trade partners, raises China duties to 125% 
Business News

Trump courts African mineral-rich nations, snubs Nigeria and South Africa in strategic White House summit 

July 9, 2025
Trump halts tariff hikes on most trade partners, raises China duties to 125% 
Economy

Trump sets August 1 tariff deadline as global trade talks intensify 

July 7, 2025
Top 10 African countries with the highest international airfare charges in 2024
Aviation

Top 10 African countries with the highest international airfare charges in 2024

July 7, 2025
Trump imposes 14% tariff on Nigeria’s export to the United States of America
Economy

Nigeria to face additional 10% tariff for aligning with BRICS – Trump

July 7, 2025
United States extends period for work permits for non-citizens
"Japa"

US to strip citizenship from naturalized Americans convicted of crimes 

July 1, 2025
United States extends period for work permits for non-citizens
"Japa"

U.S. introduces new policy allowing startup founders to self-sponsor H-1B visas  

June 30, 2025
Next Post
FG increases compensation for Section 1 of Lagos-Calabar Highway from N8 billion to N18 billion 

FG reopens Lagos Independence Bridge ahead of schedule, opts for palliative fixes 

Leave a Reply Cancel reply

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

Emple
nlng
first bank








DUNS

Recent News

  • IGP sues Abu Arome, 3 Ghanaians over alleged forgery of company shares allocation document
  • Nigeria’s oil rig count rises to 46 in July 2025 – NUPRC
  • Oyo State approves N7.7 billion for two surveillance aircraft to combat insecurity 

Follow us on social media:

Recent News

IGP prosecutes Nigerian businessmen over alleged N13.5 billion forex fraud dispute  

IGP sues Abu Arome, 3 Ghanaians over alleged forgery of company shares allocation document

July 9, 2025
Nigeria’s gas flare commercialisation programme could unlock $2.5 billion investment – NUPRC 

Nigeria’s oil rig count rises to 46 in July 2025 – NUPRC

July 9, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics