TRUMP INTENSIFIES TRADE WAR AGAINST NIGERIA, BRICS, THREATENS ADDITIONAL 10% TARIFF
American president, Donald Trump has threatened to place additional 10% tariffs on goods coming to BRICS countries from the United States, deepening the trade war against the second-world nations.
Announcing the development via The Truth Social, the US president equivocally stated that any country aligning with “anti-American” policies of BRICS will suffer the same fate.
“Any country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff. There will be no exceptions to this policy,” Trump stated.
This move comes as the US begins formally notifying affected countries of tariffs declared earlier this year.
Nigeria joined BRICS as a partner country in January and has been pushing for full membership. Nigeria’s president, Bola Tinubu attended the 2025 BRICS Conference holding in Brazil. This clearly makes the country susceptible to the new tariff imposition by the United States of America, according to The Nigerian Economy.
The new tariff would compound the existing 14% import tax on Nigerian goods imposed by the Trump administration since taking office in January.
The Nigerian Economy reports that Trump’s decision has raised concerns about a global economic slowdown, with BRICS foreign ministers expressing “serious concern at the prospect of a fragmented global economy and the weakening of multilateralism”.
The BRICS economic bloc, comprising Brazil, Russia, India, China, South Africa, and other member countries, was designed to boost international standing and challenge US and Western European dominance.
This warning came as the BRICS summit unfolds in Rio de Janeiro, where member nations criticized unilateral trade actions and emphasized support for multilateralism.
China has strongly condemned the move as coercive and warned that such policies harm global trade .
Trump has long criticized BRICS, and his latest announcement comes as the US begins formally notifying affected countries of tariffs declared earlier this year.
Nigeria’s economy may face indirect impacts from the tariff war, including inflationary pressures, disruptions in global supply chains, and potential declines in oil prices.
As the tariff letters go out, Trump has asked global counterparts to “take it or leave it”, signaling a tough stance on trade negotiations.