New US import tax falls hardest on processed goods, the core of Nigeria’s small-business export economy.
For Nigeria’s small businesses, selling to the United States has become a moving target. Tariff costs for buyers have changed four times in the last 18 months, and the latest change brings new challenges for entrepreneurs and business owners.
The recent volatility began in April 2025, when the US placed a 14 per cent tax on most Nigerian goods. Four months later, the tariff rate rose to 15 per cent. Then, in February 2026, the US Supreme Court ruled these taxes unlawful, and a temporary 10 per cent tax was put in their place. For many exporters, it became difficult to know which ...
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Source: Vanguard News
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