Media Review April 29, 2025

Global trade reset: Why Nigeria is next stop after China

• Publications
• 29 Apr, 2025

Day 1: Tariffs, tectonic shifts and Nigeria’s window of opportunity On April 2, 2025, the global economic chessboard shifted dramatically. In a televised White House announcement, U.S. President Donald J. Trump unveiled a sweeping tariff regime: a universal 10 per cent tax on all imports into the United States, accompanied by punitive tariffs reaching up to 145 per cent on key Chinese goods such as electric vehicles, steel, semiconductors, aluminum, and solar panels. The Guardian News.