Sunday, June 1, 2025
  • About
  • Advertise
  • Careers
  • Contact
The Reflector Newspaper
  • Home
  • News
  • Politics
  • Featured
  • Foreign News
  • Business
  • Opinions
  • Sport
  • Crime
  • Others
    • Education
    • Economy
    • Entertainment
    • Fashion & Style
    • Health
    • Interview
    • Love & Relationships
    • Technology
  • Login
No Result
View All Result
The Reflector Newspaper
Home Economy

Import Ban: Why US Imposed 14% Tariff On Nigeria

Ifeanyi Uzoechiena by Ifeanyi Uzoechiena
April 8, 2025
in Economy, Featured
0
Boko Haram: US Probes Aid Funds To Nigeria

President Donald Trump

0
SHARES
23
VIEWS
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsAppShare on TelegramSend to Email

The United States Trade Representative on Monday, criticized Nigeria’s import ban on 25 categories of goods, claiming that the restrictions limit market access for American exporters.

This came shortly after President Donald Trump introduced tariffs on goods entering the US, with Nigeria facing a 14 per cent duty.

Related posts

Kano Athletes’ Death: Governor Yusuf Declares Monday Public Holiday

Kano Athletes’ Death: Governor Yusuf Declares Monday Public Holiday

June 1, 2025
Proposals To Create 31 New States Not Our Position — Reps

Reps Proposes Seven-year Jail For Workplace Bribery

June 1, 2025

The USTR highlighted the impact of Nigeria’s import ban on various sectors, particularly agriculture, pharmaceuticals, beverages, and consumer goods.

The restrictions affect items such as beef, pork, poultry, fruit juices, medicament, and alcoholic beverages, which the US sees as significant barriers to trade.

The agency argues that these limitations reduce export opportunities for US businesses and lead to lost revenue.

“Nigeria’s import ban on 25 different product categories impacts U.S. exporters, particularly in agriculture, pharmaceuticals, beverages, and consumer goods.

“Restrictions on items like beef, pork, poultry, fruit juices, medicament, and spirits limit U.S. market access and reduce export opportunities.

“These policies create significant trade barriers that lead to lost revenue for U.S. businesses looking to expand in the Nigerian market,” the agency said via its X handle.

In 2016, Nigeria implemented the ban on these 25 items as part of efforts to control imports and stimulate local production.

Some of the banned items include poultry, pork, refined vegetable oil, sugar, cocoa products, spaghetti, beer, and certain medicines.

On March 26, 2025, the Federal Government also announced plans to halt solar panel imports to encourage local manufacturing as part of its push for clean energy.

 

The PUNCH

Tags: Import BanUS Tariffs

The Reflector Newspaper's newsletters cover a variety of topics, from daily news to lifestyle content, markets info to medical news. Subscribe to get the latest information.

Unsubscribe
Previous Post

Communal Clashes: Gov Adeleke Relaxes Curfew To 12 Hours

Next Post

Olubadan Rejects Sarkin Sasa Title, Declares Baale As Only Recognised Authority

Next Post
Olubadan Rejects Sarkin Sasa Title, Declares Baale As Only Recognised Authority

Olubadan Rejects Sarkin Sasa Title, Declares Baale As Only Recognised Authority

RECOMMENDED NEWS

Federal Government Proposes N54,000 As New Minimum Wage

Tinubu Administration Marks First Year With Impressive Achievements Across Sectors, Says FG

1 year ago
AAC Candidate Condemns Shaibu’s Impeachment As Edo Deputy Gov

AAC Candidate Condemns Shaibu’s Impeachment As Edo Deputy Gov

1 year ago
Lagos To Set Up Own Airline – Governor Sanwo-Olu

Lagos To Set Up Own Airline – Governor Sanwo-Olu

1 year ago
Eid-el-Fitr: Tinubu Calls For Unity And Cooperation For A Stronger Nigeria

We Must Deliver Quality Education, Jobs For Nigerians – Tinubu

1 year ago

FOLLOW US

BROWSE BY CATEGORIES

  • Business
  • Crime
  • Economy
  • Education
  • Entertainment
  • Fashion & Style
  • Featured
  • Foreign News
  • Health
  • Interview
  • Love & Relationships
  • News
  • Opinions
  • Politics
  • Sport
  • Technology
  • Uncategorized

BROWSE BY TOPICS

#EndBadGovernance protest 2027 Elections Akpabio Alaafin Of Oyo Alaafin Of Oyo Coronation APC Atiku Bola Tinubu Dangote Refinery Defection Donald Trump Economic and Financial Crimes Commission (EFCC) Economic Hardship EFCC Emergency Rule Federal Government of Nigeria Fubara Fuel Price Fuel Price Hike Gunmen INEC JAMB Natasha National Power Grid Nigeria Labour Congress (NLC) Nigerian National Petroleum Company Limited (NNPCL) Nigeria Police Force Nnamdi Kanu NNPC NNPCL Oil Marketers PDP Peter Obi Petrol Price President Ahmed Bola Tinubu Reps Rivers Administrator Rivers Assembly Rivers Crisis Senate Sexual Harassment Tinubu UTME VeryDarkMan Wike

POPULAR NEWS

  • Congo’s President Daughter’s Bedroom Surfaces Online

    Congo’s President Daughter’s Bedroom Surfaces Online

    0 shares
    Share 0 Tweet 0
  • Economy Bleeds As Naira Hits Record Low With N72.58 Depreiciation Against Dollar

    0 shares
    Share 0 Tweet 0
  • Old Naira Notes Remain Valid – CBN

    0 shares
    Share 0 Tweet 0
  • Gospel Actress, Flora Of Abattoir Movie Series Is Dead

    0 shares
    Share 0 Tweet 0
  • JUST IN: FCT Minister Wike Leads Eid-El-Fitr Homage To President Tinubu Amid Death Rumors

    0 shares
    Share 0 Tweet 0
The Reflector Newspaper

Our mission at The Reflector Newspaper is to cultivate a dynamic digital space where truth, integrity, and diversity thrive.

Follow us on social media:

Recent News

  • Kano Athletes’ Death: Governor Yusuf Declares Monday Public Holiday
  • Reps Proposes Seven-year Jail For Workplace Bribery
  • Gov Eno Speaks On Trending Video Of Daughter’s Outrage
  • Why I don’t take chieftaincy titles — Gov Makinde

Category

  • Business
  • Crime
  • Economy
  • Education
  • Entertainment
  • Fashion & Style
  • Featured
  • Foreign News
  • Health
  • Interview
  • Love & Relationships
  • News
  • Opinions
  • Politics
  • Sport
  • Technology
  • Uncategorized

Recent News

Kano Athletes’ Death: Governor Yusuf Declares Monday Public Holiday

Kano Athletes’ Death: Governor Yusuf Declares Monday Public Holiday

June 1, 2025
Proposals To Create 31 New States Not Our Position — Reps

Reps Proposes Seven-year Jail For Workplace Bribery

June 1, 2025
  • About
  • Advertise
  • Careers
  • Contact

Copyright © 2024 The Reflector Newspaper. Website designed by Mavens Designs.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
  • Home
  • News
  • Politics
  • Featured
  • Foreign News
  • Business
  • Opinions
  • Sport
  • Crime
  • Others
    • Education
    • Economy
    • Entertainment
    • Fashion & Style
    • Health
    • Interview
    • Love & Relationships
    • Technology

Copyright © 2024 The Reflector Newspaper. Website designed by Mavens Designs.

Verified by MonsterInsights