Revealed! Trump Warns Nigeria of 10% Tariff Over BRICS Membership

• US President Donald Trump warned that Nigeria would look an further 10% tariff for joining BRICS, citing the group's "anti-American policies."
• Economic experts urged Nigeria to attack the contented diplomatically to debar disruptions successful its commercialized relations with the US and BRICS nations.
• The Trump medication confirmed that tariffs connected nations not successful statement with the US would instrumentality effect connected Aug 1, 2025

Legit.ng writer Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

Following US President Donald Trump's informing that helium would levy an further 10% tariff connected Nigeria for joining BRICS, determination person been conflicting responses.

US President Donald Trump warned that Nigeria would look an further 10% tariff for joining BRICS. Photo Credit: Contributor
Source: Getty Images

According to Daily Trust, President Trump declared that Nigeria would beryllium 1 of respective nations taxable to an other 10% tariff for supporting what helium called the "anti-American policies of BRICS."

Global commercialized relations are present adjacent much unpredictable aft the U.S. president made the announcement connected Sunday successful a station connected Truth Social.

Trump's remark, which did not spell into item astir immoderate peculiar BRICS policy, came arsenic President Bola Tinubu was attending the group's last league successful Rio de Janeiro, Brazil.

Nigeria was precocious admitted arsenic a spouse federation of the organisation by the Brazilian authorities connected January 17, 2025. Nigeria joined Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Thailand, Uganda, and Uzbekistan arsenic the ninth BRICS spouse nation. The 16th BRICS Summit, which took spot successful Kazan successful October 2024, established this partner-country category.

Brazil, Russia, India, China, South Africa, Saudi Arabia, Egypt, the United Arab Emirates, Ethiopia, Indonesia, and Iran are each members of the BRICS alliance.

The grouping describes itself arsenic “a governmental and diplomatic coordination forum for countries from the Global South and for coordination successful the astir divers areas.” Enhancing economic, political, and societal practice among its members arsenic good arsenic "increasing the power of Global South countries successful planetary governance" are among the objectives of BRICS.

According to the Trump administration, tariffs connected nations that person not reached a woody with the United States volition spell into effect connected August 1 alternatively than July 9. The announcement was made successful April. Trump declared successful April that the wide tariffs helium had placed connected the bulk of trading partners would beryllium suspended for ninety days.

Investors and U.S. trading partners are disquieted astir the implications of the tariffs arsenic that intermission is acceptable to extremity connected Wednesday.

The bloc’s leaders appeared to instrumentality purpose astatine Trump’s sweeping tariff policies successful a associated connection connected Sunday, informing against unjustified unilateral protectionist measures, including the indiscriminate summation of reciprocal tariffs.

The leaders expressed sedate concerns astir the dispersed of unilateral tariffs and non-tariff measures that distort commercialized and interruption WTO regulations, stating that the "proliferation of trade-restrictive actions" poses a menace to the planetary economy and exacerbates already-existing economical inequities.

Trump did, however, subtly pass Nigeria and different BRICS nations to hole for the 10% other charge.

“Any state aligning itself with the anti-American policies of BRICS volition beryllium charged an further 10% tariff. There volition beryllium nary exceptions to this policy,” Trump said successful a station connected Truth Social Sunday evening.

Experts react

However, successful bid to debar immoderate disruptions to its commercialized with the US and BRICS countries, economical experts suggested that Nigeria beryllium cautious and grip the substance diplomatically.

Professor Adeola Adenikinju, the president of the Nigeria Economic Society (NES), told our analogous that Nigeria shouldn't beryllium acrophobic astir President Trump's menace due to the fact that the state doesn't export a batch to the United States.

He questioned Donald Trump's volition to complaint presently tax-free exports of state and oil.

He said,

“Our non-oil export to the US is precise small. In presumption of the existent interaction to our economy, it whitethorn not beryllium that significant. Nigeria would person to comparison the costs and benefits, what are the benefits of aligning with BRICS. One, China is our largest importer, astir of our goods are from China.“Our exports spell to Europe and India. China is simply a subordinate of BRICS, India is simply a subordinate of BRICS, South Africa is simply a member.

Trump warned Nigeria and different BRICS nations to hole for the 10% other charge. Photo Credit: FG
Source: UGC

Economist and Chief Executive Officer, Centre for the Promotion of Private Enterprises (CPPE), Dr. Muda Yusuf advised Nigeria to grip the contented precise cautiously to debar nonstop confrontation with the US without undermining our sovereignty.

He stated that imposing the 10% tariff connected Nigeria could “affect our commercialized with the United States,” adding, “We bash immoderate exports of lipid though US is besides a large lipid shaper and it inactive exports immoderate lipid and state products. Dangote Refinery has been exporting a fewer things similar fertiliser and different petroleum products to the United State. We don’t privation to jeopardise it.”

Dangote reacts to Donald Trump’s tariff

Legit.ng reported that Africa’s richest man, Aliko Dangote, said connected Thursday, May 1, 2025, that helium was good with the effect President Donald Trump’s tariffs would person connected his urea exports to the US because a large competitor, Alegria, had been slapped with a heavier tariff.

Trump earlier imposed a 14% tariff connected imports from Nigeria, the largest lipid exporter successful Africa, arsenic portion of his planetary commercialized measures, which helium aboriginal paused for 90 days.

Dangote reportedly said during an concern league successful Lagos that his fertiliser plant, which commenced operations 3 years ago, shipped 37% of its 3 cardinal metric tonnes of urea accumulation to the US.

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Source: Legit.ng