Selective impact amid global trade friction
Nigeria’s Foreign Minister Yusuf Tuggar said that tariffs imposed by the United States under recent trade policy shifts do not harm Nigeria to the same extent as other nations. Speaking at the Reuters Next Gulf summit in Abu Dhabi, he cited diversified trade ties with China, Brazil and India and a focus on strategic autonomy.
Wider trade-policy implications
The remark offers a nuanced view of how emerging economies can mitigate exposure to unilateral trade pressures. Analysts suggest Nigeria’s approach—broadening supply-chain partnerships and avoiding over-reliance on any single market—may provide resilience. The comment also signals to investors that West African nations are adapting to a fragmented global trading system.
International
Nigeria says US tariffs affect it less than others
Selective impact amid global trade friction Nigeria’s Foreign Minister Yusuf Tuggar said that tariffs imposed by the United States under recent trade policy shifts do not harm Nigeria to the same extent as other nations.
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