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Trade Tariff

Fresh Trade Concerns As Trump Raises Tariff On Imports From Nigeria, Other African Countries To 15%

The decision by United States President Donald Trump to implement new tariffs on imports ranging from 10 per cent to 41 per cent has raised fresh concerns about the impact on affected countries. The tariff on Nigerian imports to the U.S. has

August 1, 2025

FEATURES

U.S. Tariffs And Nigeria’s Economy: The Imperative For Industrial Diversification

The recent imposition of 14 per cent tariffs by the United States on Nigerian exports (excluding oil) has exposed the fragility of Nigeria’s trade-dependent economy and underscored the urgent need to strengthen domestic industrial capacity. This protectionist move by the Donald Trump administration, part of the

July 25, 2025

Business·Finance & Economy

Nigeria’s Exports To U.S. Fall By $527m As Trade Tensions Deepen

Exports of Nigerian goods to the United States dropped by $527 million year-on-year to $2.12 billion between January and May 2025 from $2.65 billion in the corresponding period of 2024. This reflects a 20 per cent drop, according to official data from

July 14, 2025

Africa

Lesotho Declares Two-year State Of Disaster As U.S. Tariffs Threaten Economy

The government of Lesotho has declared a two-year national state of disaster as sweeping United States tariffs and aid cuts under President Donald Trump begin to take a heavy toll on the country’s fragile economy. The declaration, made in line with the

July 13, 2025

World News

Nigeria, Other BRICS-aligned Countries At Risk As Trump Threatens Additional 10% Tariff

There are concerns that Nigeria and other BRICS-aligned countries may encounter fresh economic challenges if the United States President, Donald Trump, implements his threat to impose an additional trade tariff on them. Trump had in a statement via his Truth Social, threatened

July 7, 2025

World News

Trump Extends EU Tariff Deadline Until July 9

United States President Donald Trump has announced a 90-day pause of the proposed 50 per cent tariffs on the European Union (EU). In a statement on Sunday, May 25, Trump said implementation of the 50 per cent tariffs will now start on

May 26, 2025

World News

U.S., China Agree To Drastically Reduce Import Tariffs For 90 Days

The United States and China have agreed to drastically reduce trade tariffs on each other’s goods for an initial period of 90 days. The agreement, which was reached on Monday after days of intense negotiations, is considered the first major breakthrough in

May 12, 2025

World News

Trade War: We Can Help U.S. Revive Manufacturing – China

As the trade war between the United States and China continues, the latter has said it can help the former in reviving manufacturing in the country. The U.S.-China trade war, initiated under the Trump administration, has had significant implications for global manufacturing

April 29, 2025

World News

Trade War: We’re Open To Talks If Trump Shows Respect – China

China has indicated its readiness for talks on resolving the ongoing trade dispute with the United States if President Donald Trump and his team begin to act in a way that promotes mutual respect. The U.S. and China have been embroiled in

April 16, 2025

Business·World News

China Halts Boeing Jet Deliveries Amid Trade War With U.S.

China has reportedly instructed its airlines to suspend taking further deliveries of Boeing jets. Beijing has also requested that Chinese carriers cease all purchases of aircraft-related equipment and parts from U.S. companies, according to a report by Bloomberg. The decision appears linked

April 15, 2025

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Trade Tariff

Fresh Trade Concerns As Trump Raises Tariff On Imports From Nigeria, Other African Countries To 15%

U.S. Tariffs And Nigeria’s Economy: The Imperative For Industrial Diversification

Nigeria’s Exports To U.S. Fall By $527m As Trade Tensions Deepen

Lesotho Declares Two-year State Of Disaster As U.S. Tariffs Threaten Economy

Nigeria, Other BRICS-aligned Countries At Risk As Trump Threatens Additional 10% Tariff

Trump Extends EU Tariff Deadline Until July 9

U.S., China Agree To Drastically Reduce Import Tariffs For 90 Days

Trade War: We Can Help U.S. Revive Manufacturing – China

Trade War: We’re Open To Talks If Trump Shows Respect – China

China Halts Boeing Jet Deliveries Amid Trade War With U.S.

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