Trump Increases Tariffs on Nigerian Imports to 15% Amid Trade Tensions

U.S. President Donald Trump signed an executive order raising tariffs on Nigerian exports to the United States to 15%. 

This move, effective August 7, places Nigeria among approximately 40 countries deemed by Washington to have an “unbalanced” trade relationship with the U.S.

Background and Rationale

Previously, in April 2025, a 14% tariff was imposed on Nigerian imports as part of a broader strategy to bolster U.S. manufacturing and address what the administration described as unfair trade practices.

The duties were suspended for 90 days and extended for another month to allow negotiations; however, Nigeria did not engage in these negotiations.

Under the new policy, countries with which the U.S. has a trade deficit face a default 15% duty on all goods entering American borders, while nations with a U.S. trade surplus pay a lower 10%. Nigeria, with a trade surplus of up to $3.29 billion with the U.S., now falls into the higher tariff category.

Impact on Nigerian Exports

Nigeria’s primary export to the U.S. is crude oil and its by-products, accounting for 90% of its foreign exchange earnings. The new tariffs may increase landing costs for these exports, potentially affecting their competitiveness in the U.S. market. 

Additionally, Nigeria has been attempting to diversify its trade by promoting non-oil exports such as cocoa, fertiliser, and value-added items. These products might also face higher costs due to the increased tariffs.

Potential for Further Escalation

The situation could intensify if Trump proceeds with a previously threatened additional 10% tariff on countries aligning with the anti-American policies of BRICS. 

Nigeria’s recent admission as the ninth partner country of BRICS in January 2025 could make it susceptible to this additional levy, raising the total tariff on Nigerian exports to the U.S. to 25%.

The imposition of a 15% tariff on Nigerian exports marks a significant development in U.S.-Nigeria trade relations. While the immediate effects on Nigeria’s oil exports are evident, the broader implications for its non-oil export diversification efforts remain to be seen. 

The potential for further tariff increases adds to the uncertainty, prompting Nigerian exporters to closely monitor the evolving trade landscape.