The United States has condemned Nigeria’s recent ban on 25 product categories, including beef, poultry, fruit juice, pharmaceuticals, and spirits, as it hampers American exports and escalates trade tensions. The U.S. Trade Representative (USTR) listed Nigeria’s restrictions among the top 10 unfair trade practices by foreign nations, pointing out that these policies create significant barriers, resulting in lost revenue for U.S. businesses trying to expand in Nigeria.
The USTR’s statements, shared via a post on X, are part of a broader effort to address trade barriers imposed by several countries, including India, Thailand, Kenya, and the European Union, collectively blocking billions of dollars in potential U.S. exports. India and Thailand’s restrictions on U.S. ethanol and Kenya’s 50% corn tariff were also highlighted in the report.
Additionally, China was criticized for its impact on U.S. flag makers, with the U.S. losing $2 million in monthly sales due to Chinese-made American flags flooding e-commerce platforms. The USTR emphasized how these practices hurt American farmers, manufacturers, and workers, causing job losses and factory closures.
The report comes as the U.S. intensifies protectionist policies under former President Donald Trump’s trade agenda.
Source: Swifteradio.com