Nigeria: U.S.-China Trade War Could Hurt Nigerian Entrepreneurs - Why, and How They Should Prepare

Via AllAfrica | 30 Apr 2025 - 06:40:13
[The Conversation Africa] As China and the United States lock horns in a trade war, slamming tariffs on each other, entrepreneurs in Nigeria are vulnerable to the fallout. In 2024, 27.8% of imports into Nigeria came from China. In the same year, US exports to Nigeria reached US$4.2 billion. Economist and entrepreneurship researcher Tolu Olarewaju unpacks what could happen if Chinese products destined for the American market were diverted to developing economies, including Nigeria. Source