US EditionUS: CPPE explains how Trump's tariff will impact Nigerian economy
10 Articles
10 Articles
US: CPPE explains how Trump's tariff will impact Nigerian economy
The Centre for the Promotion of Private Enterprise has explained that the shocks of United States of America President Donald Trump’s administration’s current tariff war may have limited impact on Nigeria’s economy. The chief executive officer of CPPE, Dr Muda Yusuf, disclosed this in a statement on Thursday. His comments come as Trump on Wednesday unleashed several tariffs on countries and a 10 percent tariff on every import. The move had attra…
Analysis: Trump’s 25% automobile tariffs and potential impact on Nigeria
On Thursday, April 3, 2025, the United States implemented a controversial 25% tariff on foreign-made automobiles, sparking global reactions from both trade partners and industries alike. These tariffs apply to vehicles and light trucks imported into the U.S., which are primarily manufactured in countries like Germany, Mexico, and Japan. The ripple effects of this policy are likely to extend far beyond the U.S. borders, with countries around the …
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