New US import tariff on Nigeria
On July 24, 2026, the United States (US) government imposed a new 12.5 per cent tariff on imports from Nigeria, over the country’s alleged failure to effectively implement or enforce restrictions on imports produced with forced labour. However, Washington imposed a lesser tariff of 10 per cent on India, Indonesia, Malaysia, Mexico and the United Kingdom (UK). The new tariff comes under a restructured Section 301 framework of the US Trade Act. The new measure will affect mostly non-oil imports from Nigeria, especially agricultural products and some manufactured goods.
3rd August 2026