US President Donald Trump’s sweeping new tariffs have sparked varying reactions across the globe, with the United Kingdom stating its vulnerability to turmoil in nations hit harder.
Nigeria’s exports to the US will now face a 14% tariff, a move driven by the Trump administration’s assertion that the African nation imposes a 27% duty on American imports.
In his reaction to the development, UK Business Secretary Jonathan Reynolds voiced his concern about the country facing a “threat” to its open economy from any global fallout from Trump’s new tariffs regime, which included a baseline 10% “reciprocal” tariff on British goods exported to the States.