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Home Business

Why the U.S. Slammed Nigeria with a 14% Tariff

by Joan Aimuengheuwa
April 8, 2025
in Business
0
Why the U.S. Slammed Nigeria with a 14% Tariff
Donald Trump, U.S. President

Donald Trump, U.S. President

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The United States is not pleased with Nigeria. And this time, it’s not about diplomacy or defence. It’s trade.

Nigeria has blocked 25 product categories from entering its borders — a move the U.S. government says is hurting American exporters and breaching the basic rules of global commerce. 

In response, the Trump administration imposed a 14% tariff on Nigerian exports, escalating a conflict that is already rattling economies far beyond Abuja and Washington.

For the U.S. Trade Representative (USTR), the Nigerian policy is one of the ten worst examples of trade discrimination faced by the U.S. in recent times. 

“Nigeria’s import ban on 25 different product categories impacts U.S. exporters, particularly in agriculture, pharmaceuticals, beverages, and consumer goods. Restrictions on items like beef, pork, poultry, fruit juices, medicaments, and spirits limit U.S. market access and reduce export opportunities,” the USTR stated.

But let’s be clear — Nigeria didn’t just wake up one day and close the door. The bans were part of the country’s efforts to protect local industries, save foreign exchange, and cut dependency on imports. You could argue it’s economic self-defence. Yet the global market doesn’t operate in isolation.

Trump, never one to sidestep a trade confrontation, has hit back with what he’s calling “Liberation Day” tariffs — and they’re not just aimed at Nigeria. Almost every country on America’s trading list got a piece of the stick. 

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“Nigeria maintains an average 27 per cent tariff against the U.S., which is unfair dealing,” the U.S. president said. The message? If you hit U.S. goods, expect a hit back.

There’s more than just political theatre here. U.S. businesses, particularly those in food and drug manufacturing, are reportedly losing millions in potential revenue. 

And the global market felt the punch. Stock markets tanked across continents on Monday. Investors wiped $208 billion off the books of the world’s 500 richest people in less than 24 hours. The last time we saw a drop that sharp was during the height of COVID-19.

Meanwhile, China and Canada didn’t waste time. China hit U.S. products with a 34% tariff and slammed the brakes on exports of seven key rare earth materials. Canada added its own 25% tariff on American vehicles. It’s an economic storm, and every country is adjusting its sails.

Back home in Nigeria, the immediate worry is the impact on non-oil exports. While crude — our comfort zone — is still flowing, sectors like agriculture, manufacturing, and fast-moving consumer goods are now under pressure. Any hope of deeper trade integration with the U.S. could take a serious hit.

So here we are: protectionism dressed as patriotism, tariffs parading as justice, and ordinary businesses caught in between. 

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Tags: Donald TrumpNigeria TariffsNigerian export and importU.S. TariffsU.S. Trade Representative (USTR)
Joan Aimuengheuwa

Joan Aimuengheuwa

Joan thrives at helping individuals and businesses scale via storytelling...

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