Nigeria: Trump Tariffs - Experts Raise Fresh Alarm Over Battered Naira

·Speak on other indirect adverse effects on NigeriaOn Wednesday, April 2, 2025, US President Donald Trump finally imposed a 14% tariff on Nigeria export trades. However, Bloomwiz, a business, financial, international news blog site, said: "Shocking, Nigeria has a 27% tariff on U.S. goods."In his opinion, media practitioner, Ehichioya Ezomon said, "Nigeria may also be affected by VAT tariff" going by President Trump's statement: 'For purposes of this United States policy, we will consider countries that use the VAT system, which is far more punitive than a tariff, to be similar to that of a tariff.'Sending merchandise, product, or anything by any other name through another country, for purposes of unfairly harming America, will not be accepted."'We are able to accurately determine the cost of these non monetary trade barriers. It is fair to all, no other country can complain and, in some cases, if a country feels that the United States would be getting too high a tariff, all they have t...