Nigeria has been listed among 60 economies targeted by the United States for allegedly failing to impose and effectively enforce bans on the importation of goods produced with forced labour, a move that could trigger new 12.5 per cent tariffs on exports to the American market.
The Office of the United States Trade Representative announced on Tuesday that it had concluded investigations under Section 301 of the U.S. Trade Act of 1974 and found that the failure of the affected economies to prohibit and effectively police the importation of goods made with forced labour was unreasonable and burdens U.S. commerce.
As a result, the USTR has proposed additional duties on products from the affected economies, including Nigeria, pending a public consultation process.
If approved, the penalty would be added to the 10 per cent baseline tariff already imposed under President Donald Trump’s reciprocal trade framework and would effectively raise the
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