US IMPORTS $643M IN NIGERIAN GOODS AHEAD OF TARIFF HIKE. (PHOTO).

US Imports $643m in Nigerian Goods Ahead of Tariff Hike The United States imported $643.1 million worth of goods from Nigeria in the first two months of 2025, just ahead of new tariffs set to take effect on April 9 under the Trump administration. While the tariffs have sparked concerns over potential trade impacts, key Nigerian exports like oil and minerals are exempted. Data from the US International Trade Commission shows a 32.4% drop in customs-based imports year-on-year, falling from $951.6 million in 2024. Despite the decline, Nigeriaās trade balance improved, shifting from a $158.8 million deficit to a $44.3 million surplus. Total trade between both nations in the period stood at $1.33 billion, underscoring strong bilateral ties amid evolving trade policies.
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