U.S hits Nigeria, 7 African nations with 12.5% tariff over forced labour claims

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U.S hits Nigeria, 7 African nations with 12.5% tariff over forced labour claims

AI Summary

The United States has imposed a 12.5% tariff on exports from Nigeria and seven other African nations due to alleged failure to address forced labor in their supply chains. The tariffs were enacted under Section 301 of the US Trade Act of 1974, reflecting significant trade sanctions aimed at improving labor standards.

By Nkiruka Nnorom The United States has slapped Nigeria and seven other African countries with a 12.5 percent tariff on their exports to America over alleged failure to curb forced labour in supply chains. The action, taken under Section 301 of the US Trade Act of 1974 by the Office of the United States Trade [โ€ฆ] The post U.S hits Nigeria, 7 African nations with 12.5% tariff over forced labour claims appeared first on Vanguard News.

World Politics Markets Commodities US tariffs Nigeria exports forced labour trade sanctions African nations Section 301

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