US Slaps 12.5% Tariff on Nigeria Imports over Forced Labor Concerns Washington imposed the tariff in the latest round of its trade actions against around 60 countries. The United States has slapped a 12.5 percent tariff on the majority of goods imported into the country from Nigeria, citing the African nation’s alleged failure to take and rigorously implement measures against imports made with forced labour.
As part of a U.S., Trade Act of 1974 Section 301 probe involving some 60 countries and intended to address unfair trade, such as the import of goods made with forced labor, that violate human rights in the supply chain-the Trump administration’s U.S.
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Trade Representative’s office declared that most of all imports from a listed set of 60 countries, minus several categories of goods such as energy, national security, and agricultural-related products-would get a hefty duty of 12.5 percent.
The United States Trade Representative’s office called the decision the end to a temporary global tariff that came into being earlier, having noted that while countries that successfully implemented and enforced forced labour bans against certain imports saw a comparatively lower duty, at 10 percent, those that did not, such as Nigeria, now had a 12.5 percent imposition placed upon them.
The imposition of duties comes after a months-long period that consisted of thorough investigations and public stakeholder comments.
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The latest tariffs are anticipated to influence the scope of exports the United States will take on, raising potential concerns regarding U.S.-Nigeria bilateral trade without a favorable resolution between the two trading nations.
The Federal Government of Nigeria yet to officially respond to the fresh U.S. tariff hike.
