By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily Report NigeriaDaily Report NigeriaDaily Report Nigeria
Notification Show More
Font ResizerAa
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Reading: President Trump Slams Nigeria with 10% Tariff Over BRICS Alignment
Share
Font ResizerAa
Daily Report NigeriaDaily Report Nigeria
  • METRO
  • NEWS
  • POLITICS
  • SPECIAL REPORT
  • FACT FILE
Search
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Have an existing account? Sign In
Follow US

Home | President Trump Slams Nigeria with 10% Tariff Over BRICS Alignment

News

President Trump Slams Nigeria with 10% Tariff Over BRICS Alignment

Ayobamise Owolabi
Ayobamise Owolabi
Published: July 7, 2025
Last updated: July 7, 2025
3 Min Read
Share
President Trump Slams Nigeria with 10% Tariff Over BRICS Alignment | Daily Report Nigeria
SHARE
  • President Donald Trump imposed a fresh 10% tariff on Nigerian imports, citing Nigeria’s growing alignment with BRICS as a threat to U.S. interests.
  • The tariff, announced on Truth Social, follows Nigeria’s confirmation as a BRICS partner during the 16th summit in October 2024, with President Tinubu backing the partnership.
  • Experts warn the new tariff could hurt Nigeria’s non-oil exports, strain foreign reserves, and increase inflation, further complicating the country’s economic recovery.

 

U.S. President Donald Trump has imposed a fresh 10% tariff on Nigerian imports, citing the country’s recent alignment with BRICS as a threat to American interests. The announcement was made via his Truth Social account.

Trump described BRICS as promoting “anti-American policies” and said Nigeria’s growing involvement with the bloc calls for economic consequences.

ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!

READ MORE: Mr P Claims He’s the Only Certified Musician in Okoye Family, Blames Fans for P-Square Split

Nigeria officially became a BRICS partner during the 16th BRICS Summit held in October 2024. President Bola Ahmed Tinubu has since reaffirmed Nigeria’s commitment to the alliance.

The 10% tariff comes on top of a 14% reciprocal tariff the U.S. introduced in April 2025, which targeted Nigerian imports as part of broader efforts to reduce trade imbalances.

Although Nigeria’s crude oil exports — its major trade item with the U.S. — have so far remained largely unaffected, the new measure is expected to impact other sectors. Experts have raised several concerns:
• Nigerian goods may become less competitive in the U.S. due to higher costs.
• The tariff could derail Nigeria’s economic diversification efforts.
• Reduced export earnings might strain Nigeria’s foreign reserves and weaken the Naira.
• Broader trade disruptions could worsen inflation across several sectors.

In response, BRICS leaders at their recent summit condemned what they called “unjustified unilateral protectionist measures,” criticizing the rising use of tariffs without directly naming the U.S.

The move marks a new escalation in global trade tensions, especially between the U.S. and BRICS-aligned nations.

22-Year-Old Man Arrested for Fatally Stabbing Brother in Ondo

The Ondo State Police Command has arrested a 22-year-old man, Gabriel Pius, for allegedly stabbing his elder brother, Abu Simon, to death during a domestic dispute.

The tragic incident occurred in Idanre, a town in the state, and was reported by a family acquaintance.

For publication of Press Releases, Statements, and Advert Inquiries, send an email to info@dailyreport.ng
TAGGED:Donald TrumpNigeria
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Updates

Super Falcons Paint Lagos Green with WAFCON Trophy Parade | Daily Report Nigeria
Super Falcons Paint Lagos Green with WAFCON Trophy Parade
Sports
Just In: Ajax’s Jorrel Hato Sets for Chelsea Medical After €40m Deal | Daily Report Nigeria
Just In: Ajax’s Jorrel Hato Sets for Chelsea Medical After €40m Deal
Sports
Naira Rallies Strong as Dollar Supply Surges, Speculators Retreat | Daily Report Nigeria
Naira Rallies Strong as Dollar Supply Surges, Speculators Retreat
Business
Otuaro Meets Niger Delta Monarchs, Receives Praise
Tinubu’s Backing of Niger Delta Peace Initiative Lauded by Amnesty Boss
News
Tinubu Deserves Two Terms Like Buhari – Presidency Fires Back at Northern Critics | Daily Report Nigeria
Tinubu Deserves Two Terms Like Buhari – Presidency Fires Back at Northern Critics
News

TOPIC

2023 Elections Abuja Accident AFCON Anambra APC Arrest ASUU ASUU Strike Atiku Abubakar Bandits Bayelsa BBNaija Biafra Boko Haram Bola Ahmed Tinubu Bola Tinubu Breaking News Breaking News Nigeria Burna Boy Burutu CBN Celebrity news Chelsea Coronavirus court covid-19 Crime Daily Report Ng Daily Report Nigeria Daily Sports News Davido Delta Delta state DSS Education EFCC Elections English Premier League EPL Family federal government FG FIFA World Cup Football Fraud Godwin Emefiele Goodluck Jonathan Governor Nyesom Wike Gunmen Health Ifeanyi Okowa Imo INEC Insecurity IPOB IYC JAMB Kaduna Kidnap Labour Party Lagos Lagos State Manchester United Marriage Muhammadu buhari Music NASS NDDC NDLEA Niger Delta Nigeria NLC Nnamdi Kanu NNPC Nollywood Nyesom Wike Olusegun Obasanjo Pastor PDP Peter Obi Police Politicians President Bola Ahmed Tinubu President Muhammadu buhari Professor Yemi Osinbajo Protest Rape Reno Omokri Rivers State Senate Sheriff Oborevwori Social Media Suicide Super Eagles Tinubu Top Stories Twitter Victor Osimhen Zamfara

You Might Also Like

FG Approves Construction Of 10,000 Bpd Refinery In Delta State
BusinessNews

FG Approves Construction Of 10,000 Bpd Refinery In Delta State

June 13, 2025
EFCC Boss Speaks From Home, Says Am Very Much Ok | Daily Report Nigeria
News

EFCC Boss Speaks From Home, Says Am Very Much Ok

June 15, 2025
2023: APC Announces Dates For Party Primaries | Daily Report Nigeria
News

2023: APC Announces Dates For Party Primaries

June 15, 2025
Anambra: Ohanaeze Reacts To Killing of Northern Woman, Four Children | Daily Report Nigeria
News

Anambra: Ohanaeze Reacts To Killing of Northern Woman, Four Children

June 14, 2025
© Daily Media N Publishing LTD. All Rights Reserved.
  • Home
  • About Us
  • Adverts With Us
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?