U.S. President Donald Trump has announced a 14% tariff on Nigerian exports to the United States, marking a significant shift in trade relations between both countries.
The new tariff, revealed during a “Make America Wealthy Again” event in the White House Rose Garden on Wednesday, is part of a broader U.S. trade policy aimed at addressing what the administration calls unfair trade practices.
Trump justified the move by citing Nigeria’s 27% tariff on U.S. exports, arguing that the imbalance has negatively impacted American businesses.
“This is one of the most important days in American history,” Trump said. “We will supercharge our domestic industrial base, pry open foreign markets, and break down trade barriers.”
Beyond Nigeria, the U.S. has imposed tariffs on over 50 countries, including China, the European Union, India, and Japan. Several African nations were also affected, with Algeria facing a 30% tariff, Lesotho 50%, Mauritius 40%, and Kenya 10%. South Africa was hit with a reciprocal tariff of 30%.
The new tariffs, which take immediate effect, have raised concerns over potential global trade disruptions, with analysts warning of economic consequences for both exporters and consumers.