Trumps Tariff Has Implications For Nigerian Manufacturers Man Dg

In this interview, the Director General of the Manufacturers Association of Nigeria MAN, Segun Ajayi-Kadir, reviews the global tariff war initiated by US President Donald Trump and the implications for the Nigerian manufacturing sector and the economy at large. Excerpts:

What does this US tariff hike mean for Nigerian manufacturers and exporters to the US?

Generally speaking, what Trump is doing is shaking the table in line with his strategic objective of making America come first in all things.

Tariffs all over the world are used to achieve several purposes. I think for him, it is to directly grow domestic manufacturing and restrict imports because, for a long time, according to him, people have been taking America for a ride. But for us in Nigeria, in terms of manufactured exports, we are only beginning to make inroads, as part of our own strategic objective of mitigating the impact of forex.