Sixty countries, including Nigeria, face increased tariffs after United States President Donald Trump launched a reciprocal-tariff programme targeting products and countries with different rates.
According to the White House website figures, Nigeria will face a 15% tariff under the programme. It said the plan sets a 10% baseline tariff on all imports to the US, with additional duties applying to particular products or countries.
China would face a 30 percent tariff, with extra levies on some products, while Brazil is listed at 50 percent, with lower levels for specific sectors, such as aircraft, energy and orange juice.
Canada is subject to a 10 percent tax on energy products and 35 per cent on other products not covered by the US-Canada-Mexico Agreement, while India is listed at 25 percent, with a further 25 percent threatened to take effect on August 28.
The list of specific tariffs to be enacted and imposed on countries are: Afghanistan, 15%; Algeria, 30%; Angola, 15%; Bangladesh, 20%; Bolivia, 15%; Bosnia and Herzegovina, 30%; Botswana, 15%, and Brazil 50%, with lower levels for sectors such as aircraft, energy and orange juice.
Brunei, 25%, Cambodia, 19%; Cameroon, 15%; Canada, 10% on energy products, 35% for other products not covered by the U.S.-Canada-Mexico Agreement and Chad, 15%; China, 30%, with additional tariffs on some products.
This agreement, which was due to expire on August 12, has been extended for another 90 days through an executive order, according to a White House official.
Costa Rica, 15%; Cote d’Ivoire, 15%; Democratic Republic of the Congo, 15%; Ecuador, 15%; Equatorial Guinea, 15%;
European Union, 15% on most goods; Falkland Islands, 10%; Fiji, Ghana, Guyana and Iceland all 15%; India, 25%, an additional 25% threatened to take effect on August 28.
Indonesia, 19%; Iraq, 35%; Israel, 15%; Japan, 15%; Jordan, 15%; Kazakhstan, 25%; Laos, 40%; Lesotho, 15%; Libya, 30%; Liechtenstein, 15%; Madagascar, 15%; Malawi, 15%; Malaysia, 19%; Mauritius, 15%; Mexico, 25% for products not covered by USMCA; Moldova, 25%; Mozambique, 15%; Myanmar, 40%; Namibia, 15%; Nauru, 15%; New Zealand, 15%; Nicaragua, 18% and Nigeria – 15%.
Also, North Macedonia, 15%; Norway, 15%; Pakistan, 19%; Papua New Guinea, 15%; Philippines, 19%; Serbia, 35%; South Africa, 30%; South Korea, 15%; Sri Lanka, 20%; Switzerland, 39%; Syria, 41%; Taiwan, 20%; Thailand, 19%; Trinidad and Tobago, 15%; Tunisia, 25%; Turkey, 15% and Uganda – 15%.
United Kingdom, 10%, with some auto and metal imports exempt from higher global rates.
