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The US imposes a 12.5% tariff on Nigeria and seven other African nations over forced labour practicesThe tariff aims to combat unfair competition and encourage stronger enforcement against forced labourCountries with credible legal frameworks can avoid harsher trade measures under the new US policy
Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.
Nigeria and seven other African countries have been hit with a new 12.5 per cent tariff by the United States following allegations that they have not done enough to prevent goods produced with forced labour from entering their markets.
The measure, announced by the Office of the United States Trade Representative (USTR), forms part of a broader trade enforcement action targeting countries accused of failing to establish or effectively enforce laws prohibiting imports linked to forced labour.
Donald Trump’s government slams Nigeria with another 12.5% tariff over forced labour. Credit: NovatisSource:
