• Latest
  • Trending
  • All
Donald Trump

Trump Raises Nigeria Tariffs to 15% as ‘America First’ Policy Takes Effect

August 1, 2025
Trump Pledges Tougher Sanctions Following Russia’s Deadly Strike On Kyiv

Trump Pledges Tougher Sanctions Following Russia’s Deadly Strike On Kyiv

September 8, 2025
Former Army Sergeant Admits To Assault On Teen Soldier Jaysley Beck

Former Army Sergeant Admits To Assault On Teen Soldier Jaysley Beck

September 8, 2025
Fourteen Killed In Nepal As Social Media Ban Triggers Violent Protests

Fourteen Killed In Nepal As Social Media Ban Triggers Violent Protests

September 8, 2025
Seventeen Nations Secure Their Places In The 2026 FIFA World Cup

Seventeen Nations Secure Their Places In The 2026 FIFA World Cup

September 8, 2025
Hugo Ekitike, Liverpool

Ekitike Ready to Battle Isak for Liverpool Glory

September 8, 2025
Prime Minister Jonas Gahr Store Faces Tight Race In Norway

Prime Minister Jonas Gahr Store Faces Tight Race In Norway

September 8, 2025
Nigerian Army Kills Notorious Bandit Leader In Kogi State

Nigerian Army Kills Notorious Bandit Leader In Kogi State

September 7, 2025
“I Will Fly Away When I Die” – Prophet Odumeje Declares

“I Will Fly Away When I Die” – Prophet Odumeje Declares

September 7, 2025
Doris Becomes The Tenth Housemate Evicted From BBNaija Season 10

Doris Becomes The Tenth Housemate Evicted From BBNaija Season 10

September 7, 2025
Ivatar Evicted From BBNaija, But Her Story Continues

Ivatar Evicted From BBNaija, But Her Story Continues

September 7, 2025
Tension Fills The House As Big Soso Leaves BBNaija Season 10

Tension Fills The House As Big Soso Leaves BBNaija Season 10

September 7, 2025
Victor James Osimhen

Osimhen Ruled Out of South Africa Clash as Nigeria Faces Attacking Dilemma

September 7, 2025
Monday, September 8, 2025
BsgistNews
  • Home
  • News
    • Breaking News
    • Top Stories
    • Crime Alert
    • Celebrity
    • Relationships
    • Politics
    • Religion & Worship
    • Interviews
    • Special Reports
    • BBNaija
  • Biography
    • Obituaries
    • Music
  • Sectors
    • Aviation
    • Economy
    • Energy
    • Homes & Property
    • Labour
    • Health
    • Markets
      • Cryptocurrencies
      • Currencies
      • Equities
    • Companies
      • Companies Profile
      • Corporate Deals
    • Industries
      • Agriculture
      • Transportation
  • Exclusives
    • Fact Check
    • BsgistNews Features
    • Business Updates
    • Foreign Affairs
    • Discussion
    • Metro
    • Special Reports
  • Editorial Review
    • Education
    • Technology
    • Sports
    • Entertainment
      • Film
    • Travel & Tourism
    • Human Rights
    • Environment
  • Career Tips
    • Appointments
    • Financial Literacy
No Result
View All Result
  • Home
  • News
    • Breaking News
    • Top Stories
    • Crime Alert
    • Celebrity
    • Relationships
    • Politics
    • Religion & Worship
    • Interviews
    • Special Reports
    • BBNaija
  • Biography
    • Obituaries
    • Music
  • Sectors
    • Aviation
    • Economy
    • Energy
    • Homes & Property
    • Labour
    • Health
    • Markets
      • Cryptocurrencies
      • Currencies
      • Equities
    • Companies
      • Companies Profile
      • Corporate Deals
    • Industries
      • Agriculture
      • Transportation
  • Exclusives
    • Fact Check
    • BsgistNews Features
    • Business Updates
    • Foreign Affairs
    • Discussion
    • Metro
    • Special Reports
  • Editorial Review
    • Education
    • Technology
    • Sports
    • Entertainment
      • Film
    • Travel & Tourism
    • Human Rights
    • Environment
  • Career Tips
    • Appointments
    • Financial Literacy
No Result
View All Result
BsgistNews
No Result
View All Result
  • Home
  • News
  • Biography
  • Sectors
  • Exclusives
  • Editorial Review
  • Career Tips
ADVERTISEMENT
Home Sectors Economy

Trump Raises Nigeria Tariffs to 15% as ‘America First’ Policy Takes Effect

Gesinde Hadji by Gesinde Hadji
August 1, 2025
in Economy
A A
Donald Trump
ADVERTISEMENT

…South Africa, Algeria, Libya Hit with 30%

In a sweeping trade move that reasserts his “America First” doctrine, U.S. President Donald Trump has approved a tariff hike on goods from Nigeria, raising the rate from 14% to 15%, effective August 7, 2025.

According to Bsgistnews, we gathered that the tariff adjustments were part of a larger recalibration of U.S. global trade policy aimed at correcting what the Trump administration describes as “imbalanced and unfair trade relationships.”

Related Stories

Bola-Ahmed-Tinubu-Biography

President Tinubu Declares End to Domestic Borrowing as Revenue Target Met Ahead of Schedule

September 3, 2025
President Trump, and Xi Jinping, China’s President

Trump Extends 90-Day Tariff Ceasefire with China, Keeping Rates at 30% Amid Trade Negotiations

August 12, 2025

Speaking on CNN, U.S. Trade Representative Robert Lighthizer defended the administration’s stance, saying the policy targets countries that have failed to offer reciprocity in trade and strategic alignment.

“We’re not going to let countries benefit from one-sided access to our market while turning a blind eye to our strategic concerns. This is about fairness, reciprocity, and defending American jobs,” Lighthizer emphasized.

Africa Faces a Trade Shake-Up

Nigeria isn’t the only African country affected. A host of others; Angola, Botswana, Cameroon, Chad, Côte d’Ivoire, DRC, Equatorial Guinea, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Zambia, and Zimbabwe also saw tariff adjustments to 15%.

The harshest hits, however, came to South Africa, Algeria, and Libya, each slapped with a 30% tariff, signaling heightened tensions or disapproval of their current diplomatic and economic positioning in relation to the United States.

Interestingly, while some nations saw hikes, others experienced significant tariff reductions. Guyana’s rate dropped from 38% to 15%, and Madagascar’s from 47% to 15%, showing that U.S. trade relations remain flexible based on perceived cooperation or alignment.

“Strategic Interest” as a Trade Compass

The revised tariff map is the clearest indicator yet that the Trump administration is aligning trade policy with national security and foreign policy objectives.

Nations considered “non-cooperative” or “antagonistic” toward U.S. strategic goals saw the steepest tariffs. Syria leads that group with a 41% rate, followed by Laos, Myanmar (40%), Switzerland (39%), Iraq and Serbia (35%).

Canada, a close ally but recent point of friction, saw tariffs spike from 25% to 35%. While Canada is protected under USMCA, Trump’s executive order targets goods not certified under that agreement. The White House cited Canada’s “continued inaction on fentanyl”, retaliatory trade behavior, and its recent diplomatic stance on Palestine as reasons for the penalty.

Winners and Delayed Actions

In contrast, Mexico received a 90-day pause on any new hikes, with U.S. officials describing trade dialogues as “very constructive.” Similarly, in Southeast Asia, nations like Cambodia, Vietnam, Indonesia, Malaysia, and Thailand saw their tariffs reduced to 19-20% following recent ceasefire arrangements or trade negotiations.

The China Dilemma

Meanwhile, U.S.-China trade talks remain at a stalemate, despite a recent two-day negotiation in Sweden. Both powers maintain rigid stances, with insiders pointing to a possible direct meeting between Trump and President Xi Jinping as a potential breakthrough moment in the ongoing trade war.

Continue Reading
Tags: Donald TrumpTariffUnited State
ADVERTISEMENT
Previous Post

Behind the Glitz: Media Manipulation in the Nigerian Entertainment Industry

Next Post

Global Response as Trump Imposes New Tariffs on Trade Partners

Gesinde Hadji

Gesinde Hadji

Gesinde Hadji, award-winning seasoned journalist - living and celebrating the African Dream! Catch all the scoop on www.bsgistnews.com Follow us: Twitter: @bsgistnews, Facebook: @Bsgistnews, Instagram: @Bsgistnews Shoot us an email: info@bsgistnews.com

RelatedPosts

Bola-Ahmed-Tinubu-Biography
Economy

President Tinubu Declares End to Domestic Borrowing as Revenue Target Met Ahead of Schedule

September 3, 2025
President Trump, and Xi Jinping, China’s President
Politics

Trump Extends 90-Day Tariff Ceasefire with China, Keeping Rates at 30% Amid Trade Negotiations

August 12, 2025
Zambia's Finance Minister Situmbeko Musokotwane
Economy

Zambia Eyes Extra $145 Million as It Seeks to Extend IMF Programme by One Year

August 5, 2025
A cargo ship full of shipping containers is seen at the port of Oakland, California, U.S.
Economy

US Trade Deficit Shrinks to 22-Month Low in June as Imports Plunge, China Gap Hits 21-Year Low

August 5, 2025
Cranes and shipping containers amid Trump’s trariff
Business Updates

Global Response as Trump Imposes New Tariffs on Trade Partners

August 1, 2025
Fed expected to hold interest rates steady, resisting Trump's pressure
Economy

Federal Reserve Maintains Interest Rates Despite Pressure from Trump

July 30, 2025
Next Post
Cranes and shipping containers amid Trump’s trariff

Global Response as Trump Imposes New Tariffs on Trade Partners

No Result
View All Result

Features

Oscar Nnaemeka Onyema
Biography

Professor Oscar Nnaemeka Onyema Biography: Architect of Nigeria’s Modern Capital Market

July 29, 2025
Yilwatda Nentawe
Politics

Yilwatda Nentawe Emerges as APC National Chairman, Replaces Ganduje

July 24, 2025
Prime Minister Carney
Foreign Affairs

3 Key Takeaways from Trump and Prime Minister Carney’s High-Stakes First Meeting

May 7, 2025
ADVERTISEMENT

Life After School

Life After School
BsgistNews Features

Olanrewaju Okanlawon Shares His Bold Pivot from History to Finance on Today’s “Life After School…”

May 11, 2025
Gesinde Muhammad Hadji
BsgistNews Features

Gesinde Muhammad Hadji Named Bsgistnews Top Talent for July 2025

August 3, 2025
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
  • About Us
  • Bsgistnews Team
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
  • DMCA Policy
  • Add Your Biography
  • Editorial Principles at Bsgistnews.com
  • Bsgistnews Paid Content Publishing Guidelines
  • Copyright Violations and Content Takedown Requests
Bsgistnews.com

Gesinde Hadji Designs | © 2022-2025 BSN, United States

No Result
View All Result
  • Home
  • News
    • Breaking News
    • Top Stories
    • Crime Alert
    • Celebrity
    • Relationships
    • Politics
    • Religion & Worship
    • Interviews
    • Special Reports
    • BBNaija
  • Biography
    • Obituaries
    • Music
  • Sectors
    • Aviation
    • Economy
    • Energy
    • Homes & Property
    • Labour
    • Health
    • Markets
      • Cryptocurrencies
      • Currencies
      • Equities
    • Companies
      • Companies Profile
      • Corporate Deals
    • Industries
      • Agriculture
      • Transportation
  • Exclusives
    • Fact Check
    • BsgistNews Features
    • Business Updates
    • Foreign Affairs
    • Discussion
    • Metro
    • Special Reports
  • Editorial Review
    • Education
    • Technology
    • Sports
    • Entertainment
      • Film
    • Travel & Tourism
    • Human Rights
    • Environment
  • Career Tips
    • Appointments
    • Financial Literacy

Gesinde Hadji Designs | © 2022-2025 BSN, United States

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
ADVERTISEMENT