Trump's 14% Tariff on Nigeria: Economic Warfare or Wake-Up Call for Africa

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Former U.S. President Donald Trump’s reintroduction of aggressive tariff policies is shaking the foundations of global trade, and African economies are among the worst hit. A new 14% tariff on Nigerian exports threatens the $10 billion annual trade relationship between the U.S. and Nigeria while also undermining years of progress made under the African Growth and Opportunity Act (AGOA).

The impact is staggering: Lesotho (50%), Madagascar (47%), Mauritius (40%), Botswana (38%), Angola (32%), Libya (31%), and South Africa (31%) are all facing sharp economic consequences. With China accusing Trump of weaponising trade and Elon Musk calling the move “economically reckless,” the ripple effect on developing economies raises serious questions about the future of multilateral trade and global equity.
Joining News Central for this critical conversation are:

Nnamdi Chiekwu, Civil Society Advocate, ADAF (Georgia, USA)

Bamidele Ayemibo, Trade Consultant, 3T Impex Consulting (Abuja, Nigeria)

Professor Andrew Nevin, Economist, University of Texas at Dallas & former PwC Nigeria Partner (Texas, USA)

Gbolahan Olojede, Financial & Development Expert (Lagos, Nigeria)

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