{"id":69873,"date":"2025-07-07T13:01:10","date_gmt":"2025-07-07T13:01:10","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=69873"},"modified":"2025-07-07T13:01:10","modified_gmt":"2025-07-07T13:01:10","slug":"trumps-10-tariff-threat-puts-nigerias-brics-move-at-risk","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2025\/07\/07\/trumps-10-tariff-threat-puts-nigerias-brics-move-at-risk\/","title":{"rendered":"Trump\u2019s 10% Tariff Threat Puts Nigeria\u2019s BRICS Move at Risk"},"content":{"rendered":"<p><strong>By Anifowoshe Oladipupo<\/strong><\/p>\n<p>Nigeria\u2019s recent upgrade to BRICS \u201cpartner country\u201d status is facing immediate pressure following a warning from U.S. President Donald Trump, who has threatened a 10% tariff on all nations aligning with the bloc.<\/p>\n<p>Trump, via his Truth Social platform, declared, \u201cAny country aligning with the anti-American BRICS will be charged an additional 10% tariff. No exceptions.\u201d<\/p>\n<p>The warning comes as President Bola Tinubu joined the 17th BRICS Summit in Brazil, marking Nigeria\u2019s strategic shift toward emerging economies like China, Russia, and India.<\/p>\n<p>The new status, formalized in January 2025, gives Nigeria deeper involvement in BRICS discussions and development initiatives.<\/p>\n<p>However, the U.S. threat casts a shadow over expected benefits, especially for Nigeria\u2019s oil exports, over 90% of which go to the U.S.<\/p>\n<p>Analysts warn that Trump\u2019s proposed tariff could derail Nigeria\u2019s fragile economic recovery, with inflation recently dipping to 27.5% after peaking at 34.2% in mid-2024.<\/p>\n<p>The move places Nigeria in a tough spot, balancing new alliances with BRICS and long-standing economic ties with the U.S.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Anifowoshe Oladipupo Nigeria\u2019s recent upgrade to BRICS \u201cpartner country\u201d status is facing immediate pressure following a warning from U.S. President Donald Trump, who has threatened a 10% tariff on all nations aligning with the bloc. Trump, via his Truth Social platform, declared, \u201cAny country aligning with the anti-American BRICS will be charged an additional [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":69874,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[249],"tags":[59],"class_list":["post-69873","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world-news","tag-featured"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/69873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=69873"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/69873\/revisions"}],"predecessor-version":[{"id":69875,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/69873\/revisions\/69875"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/69874"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=69873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=69873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=69873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}