Trump’s imposition of 14 percent tariff on Nigeria shouldn’t come as a surprise - Shehu Sani

Former Kaduna Central Senator, who recently returned to the All Progressives Congress, Shehu Sani, says the slamming of 14% tariff on Nigeria, by President of the United


By: | on | 684 views
Topic: News


Trump’s imposition of 14 percent tariff on Nigeria shouldn’t come as a surprise - Shehu Sani
Donald Trump


Former Kaduna Central Senator, who recently returned to the All Progressives Congress, Shehu Sani, says the slamming of 14% tariff on Nigeria, by President of the United States, Donald Trump, shouldn’t come as a surprise.

Fresh Angle International, can report that Sen. Sani, who made the declaration in a tweet on his X handle this morning, Thursday April 3, stated that Trump is, “even fighting America’s neighbours; Canada and Mexico and their traditional European allies.”

According to him, the good side of Trump’s policy is compelling countries to be less dependent on the US and find alternatives.

“Trump loves his country first, its left for you to love or hate yours”, he posited.

 

 

Sen. Shehu Sani

 

Donald Trump, on Wednesday April 2, imposed the steepest American tariffs on imports in over a century, levying rates as high as 50 per cent on some countries in a move described by the EU as a “major blow” to the world economy.

The US President shocked global market on Wednesday as he announced minimum tariffs of at least 10 per cent on almost all exporters to the US, with much higher duties for countries that enjoy the largest trade surpluses.

Southeast Asian nations and some of the world’s weakest economies were hardest hit, compounding the effects of the Trump administration’s cuts to the USAID programme in many of those countries.

Here are some of the countries slammed with the latest tariffs, vis-a-vis the different rates: “Algeria 30%, Angola 32%, Bangladesh 37%, Bosnia and Herzegovina 36%, Botswana 38%, Brunei 24%, Cambodia 49%, Cameroon 12%, Chad 13%, China 34%, Côte d`Ivoire 21%, Democratic Republic of the Congo 11%, Equatorial Guinea 13%, European Union 20%, Falkland Islands 42%, Fiji 32%, Guyana 38%, India 27%, Indonesia 32%, Iraq 39%, Israel 17%, Japan 24%, Jordan 20%, Kazakhstan 27%, Laos 48%, Lesotho 50%, Libya 31%, Liechtenstein 37%, Madagascar 47%, Malawi 18%, Malaysia 24%, Mauritius 40%, Moldova 31%, Mozambique 16%, Myanmar (Burma) 45%, Namibia 21%, Nauru 30%, Nicaragua 19%, Nigeria 14%, North Macedonia 33%, Norway 16%, Pakistan 30%, Philippines 18%, Serbia 38%, South Africa 31%, South Korea 26%, Sri Lanka 44%, Switzerland 32%, Syria 41%, Taiwan 32%, Thailand 37%, Tunisia 28%, Vanuatu 23%, Venezuela 15%, Vietnam 46%, Zambia 17% and Zimbabwe 18%.”

 


Copyright: Fresh Angle International (www.freshangleng.com)
ISSN 2354 - 4104


Sponsored Ad



Ebule Anthony Metsese
Editor-In-Chief
Read other stories by Ebule Anthony Metsese

Our strategic editorial policy of promoting journalism, anchored on the tripod of originality, speed and efficiency, would be further enhanced with your financial support. Your kind contribution, to our desire to become a big global brand, should be credited to our account:

Fresh Angle Nig. Ltd
ACCOUNT NUMBER: 0130931842.
BANK GTB.



Sponsored
Sponsored Ads