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Trump Imposes Tarrifs On Nigeria, 59 Others

by Ruthy Nwokwu
2 months ago
in News
Reading Time: 2 mins read
Trump,Tarrifs
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Sixty countries, including Nigeria, face increased tariffs after United States President Donald Trump launched a reciprocal-tariff programme targeting products and countries with different rates.

According to the White House website figures, Nigeria will face a 15% tariff under the programme.

The White House said the plan sets a 10% baseline tariff on all imports to the US, with additional duties applying to particular products or countries.

China would face a 30 per cent tariff, with extra levies on some products, while Brazil is listed at 50 per cent, with lower levels for specific sectors such as aircraft, energy, and orange juice.

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Canada is subject to a 10 per cent tax on energy products and 35 per cent on other products not covered by the US-Canada-Mexico Agreement, while India is listed at 25 per cent, with a further 25 per cent threatened to take effect on August 28.

Hereunder is a list of specific tariffs to be enacted and imposed on countries: Afghanistan, 15%; Algeria, 30%; Angola, 15%; Bangladesh, 20%; Bolivia, 15%; Bosnia and Herzegovina, 30%; Botswana, 15%, and Brazil 50%, with lower levels for sectors such as aircraft, energy and orange juice.

Brunei, 25%, Cambodia, 19%; Cameroon, 15%; Canada, 10% on energy products, 35% for other products not covered by the U.S.-Canada-Mexico Agreement and Chad, 15%; China, 30%, with additional tariffs on some products.

This agreement, which was due to expire on August 12, has been extended for another 90 days through an executive order, according to a White House official.

Costa Rica, 15%; Cote d’Ivoire, 15%; Democratic Republic of the Congo, 15%; Ecuador, 15%; Equatorial Guinea, 15%;
European Union, 15% on most goods; Falkland Islands, 10%; Fiji, Ghana, Guyana and Iceland all 15%; India, 25%, an additional 25% threatened to take effect on August 28.

Indonesia, 19%; Iraq, 35%; Israel, 15%; Japan, 15%; Jordan, 15%; Kazakhstan, 25%; Laos, 40%; Lesotho, 15%; Libya, 30%; Liechtenstein, 15%; Madagascar, 15%; Malawi, 15%; Malaysia, 19%; Mauritius, 15%; Mexico, 25% for products not covered by USMCA; Moldova, 25%; Mozambique, 15%; Myanmar, 40%; Namibia, 15%; Nauru, 15%; New Zealand, 15%; Nicaragua, 18% and Nigeria – 15%.

Also, North Macedonia, 15%; Norway, 15%; Pakistan, 19%; Papua New Guinea, 15%; Philippines, 19%; Serbia, 35%; South Africa, 30%; South Korea, 15%; Sri Lanka, 20%; Switzerland, 39%; Syria, 41%; Taiwan, 20%; Thailand, 19%; Trinidad and Tobago, 15%; Tunisia, 25%; Turkey, 15% and Uganda – 15%.

United Kingdom, 10%, with some auto and metal imports exempt from higher global rates.

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