Trump’s Tariff Threatens $10bn US-Nigeria Trade

•25-year duty-free AGOA partnership in danger, Nigerian-American commerce chamber worries     •Nigeria’s crude revenue may plunge as US begins enforcement Wed, NACCIMA raises concerns The newly imposed 14 per cent tariff by US President Donald Trump on exports by Nigerian businesses presents a significant risk to the $10bn annual exports to the United States, potentially disrupting key sectors such as oil export and agricultural trade, experts and trade associations concerned about a potential global trade war stated on Thursday. The economic experts, in separate interviews with The PUNCH, noted…

Read More