• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Economy

Nigeria hit with 15% US tariff under Trump’s new reciprocal trade policy

New reciprocal tariff scheme targets over 60 countries with varying rates

Peculiar Adirika by Peculiar Adirika
August 12, 2025
in Economy, Latest Updates
0 0
0
US tariff
thenacre-campaign

Nigeria US tariffs increase to 15% under Trump’s new reciprocal trade policy targeting over 60 nations with country-specific rates

Nigeria US tariffs have jumped to 15 percent under a sweeping new reciprocal trade policy rolled out by former President Donald Trump, who is pushing a more protectionist agenda ahead of the 2025 U.S. elections.

Also read: US tariff threatens Nigeria’s AGOA gains, diversification– NACC president

According to a policy brief released on the White House website, Nigeria is among more than 60 countries now facing individualised tariffs on exports to the United States.

The policy introduces a 10% baseline tariff on all imports, with extra levies imposed based on the exporting country’s trade practices and product types.

Countries such as Brazil and China are hit with even steeper penalties—50% and 30% respectively—while Nigeria, India (25%), South Africa (30%), and several African and Asian nations face double-digit duties.

Perfect-Aesthetic-social-1

Other countries in the 15% bracket alongside Nigeria include Ghana, Cameroon, Botswana, Côte d’Ivoire, and Papua New Guinea.

In Africa alone, more than 20 nations are affected, drawing criticism from trade experts who warn the policy could worsen global supply chain disruptions and strain diplomatic relations.

“This tariff hike is not just about trade. It’s a diplomatic signal and an economic gamble,” said one international trade analyst.

The Trump administration argues the policy is designed to level the playing field, punishing countries that maintain higher tariffs or trade barriers against U.S. goods.

The move is part of a broader plan to reassert American industrial power, protect domestic jobs, and push for “fair and balanced” trade.

While some allies like Canada and the UK have been granted partial exemptions, others face stiff duties across key sectors like energy, agriculture, and manufacturing.

“The tariff programme introduces flexibility by allowing us to fine-tune rates per country and product. This is reciprocity in action,” the White House stated.

For Nigeria, the 15% US tariff could impact exports in agriculture, oil by-products, and manufactured goods.

The timing is particularly sensitive as the country grapples with foreign exchange constraints, inflationary pressures, and efforts to attract foreign investment.

Trade watchers believe the hike could discourage Nigerian exports to the US, push businesses to seek alternative markets, or increase consumer costs for U.S.-bound goods.

“Nigeria must strengthen trade diplomacy and diversify export destinations,” said a senior economist from the Lagos Chamber of Commerce.

Here’s a snapshot of country-specific tariff rates under the new programme:

adron lemon friday
  • China: 30% (plus additional levies on some products)
  • Brazil: 50% (with lower rates for aircraft, energy, and orange juice)
  • India: 25% (with a further 25% threatened)
  • Canada: 10% on energy, 35% on other non-USMCA goods
  • South Africa: 30%
  • Pakistan, Malaysia, Indonesia, Philippines: 19%
  • Serbia: 35%
  • Syria: 41%
  • Switzerland: 39%
  • Myanmar and Laos: 40%

Also read: US auto tariffs may drive up car prices in Nigeria

Countries in the 15% category like Nigeria are considered medium-risk under the new framework.

Source: Read more at channelstv.com

Peculiar Adirika
Peculiar Adirika

Peculiar Adirika is a journalist and contributor to Freelanews.com, covering news, business, and public affairs.

Related Posts

Tomato
Economy

Tomato prices set to drop during Ramadan, farmers say

by Quadri Olaitan
February 8, 2026
Power outage notification
Latest Updates

Power outage notification by EKEDC confirms 25-day scheduled disruption in network

by Peculiar Adirika
July 25, 2025
Court
Celebrity

Court issues fresh order in Tonto Dikeh N200m exorcism case

by David Okere
April 23, 2026
NNPC
Economy

Dangote opens door for NNPC to raise refinery stake

by Quadri Olaitan
October 25, 2025
Africa blockchain infrastructure
Finance

Afrik Foundation unveils blockchain platform to revolutionize African infrastructure financing

by Peculiar Adirika
May 26, 2025

Leave a ReplyCancel reply

Tiktok Community

You're not logged into Tiktok, please login here
UBA bank ad UBA bank ad UBA bank ad

Recent News

Fadahunsi

#OsunDecides2026: Fadahunsi under fire again over polling unit remarks

August 15, 2026
Arsenal

Arsenal, Man City set for fierce 2026 Community Shield clash

August 15, 2026
ADC

#OsunDecides2026: ADC’s Najeem Salaam raises agent exclusion alarm

August 15, 2026
Osun

#OsunDecides2026: Tension erupts at deputy governor’s polling unit

August 15, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Fadahunsi

#OsunDecides2026: Fadahunsi under fire again over polling unit remarks

August 15, 2026
Arsenal

Arsenal, Man City set for fierce 2026 Community Shield clash

August 15, 2026
ADC

#OsunDecides2026: ADC’s Najeem Salaam raises agent exclusion alarm

August 15, 2026
Osun

#OsunDecides2026: Tension erupts at deputy governor’s polling unit

August 15, 2026
ADVERTISEMENT
August 2026
SMTWTFS
 1
2345678
9101112131415
16171819202122
23242526272829
3031 
« Jul    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • Sowore

    Sowore replies Davido: Your uncle, Gov. Adeleke is arindin

    0 shares
    Share 0 Tweet 0
  • Davido calls Sowore arindin

    0 shares
    Share 0 Tweet 0
  • BREAKING: Ex-Cambridge professor Jason Arday found dead in his apartment in London after plagiarism row

    0 shares
    Share 0 Tweet 0
  • Florence Ajimobi snubs Dapo Abiodun at tribute event

    0 shares
    Share 0 Tweet 0

Just Published!

Fadahunsi

#OsunDecides2026: Fadahunsi under fire again over polling unit remarks

August 15, 2026
Arsenal

Arsenal, Man City set for fierce 2026 Community Shield clash

August 15, 2026
ADC

#OsunDecides2026: ADC’s Najeem Salaam raises agent exclusion alarm

August 15, 2026
Osun

#OsunDecides2026: Tension erupts at deputy governor’s polling unit

August 15, 2026
Oyo

Oyo police arrest 10 over alleged human parts trade

August 15, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 2026 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

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

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2026 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.