Trump Hits Nigeria With 15% Tariff, See Full List Of Countries Affected
President Trump has announced a new policy imposing a 10% baseline tariff on imports, with additional duties on specific products from a list of targeted countries. Nigeria is among the countries affected, facing a 15% tariff.
Other countries on the list include Brazil (50%), China (30%), India (25%), and Mexico (25%). The tariffs are set to take effect on August 28, with some agreements set to expire on August 12.
The European Union, Japan, South Korea, and the United Kingdom are also included in the list, with varying tariff rates. The move is part of Trump's efforts to address trade imbalances and protect American industries.
The tariffs will impact sectors such as aircraft, energy, and orange juice, with exemptions for certain products like auto and metal imports.
Plus234Feed summary based on reporting from NaijaNews. Read the original report below.
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