Vehicle price hike looms as US plans 25% tariff

Punchng | 20-02-2025 01:07pm |

Freight forwarders have said that Nigerian vehicle importers may be spending more following the plans by US President, Donald Trump to impose auto tariffs “in the neighbourhood of 25 per cent” and similar duties on semiconductors and pharmaceutical imports. According to Reuters on Wednesday, this is the latest in a series of measures threatening to Read More

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