A new trade shockwave
When Donald Trump announced his plan to impose reciprocal tariffs on countries that levy higher duties on American goods than the U.S. does on theirs, the global trading system braced for disruption. For Africa, and Nigeria in particular, the policy threatens to upend fragile economies already grappling with sluggish growth, debt burdens, and reliance on commodity exports. While the direct impact of Trump’s tariffs may be muted compared to their effect on China or the EU, the indirect consequences—reduc
