NewStats: 3,264,171 , 8,182,846 topics. Date: Tuesday, 10 June 2025 at 01:04 AM 122p2u

Product manufacturers in China have turned their attention to Nigeria and other emerging markets following the imposition of trade tariffs on their products by the US President, Donald Trump.

Trump, on April 2, slapped a 46% tariff on Vietnam and a 17% levy on the Philippines before paring those back to 10% for the next three months as he begins bilateral negotiations on trade with about 75 different countries.

Manufacturers say that after Washington raised tariffs on Chinese goods by 145%, U.S. orders for products have vanished.

“It’s a matter of life and death because 60-70% of our business is with American clients,” marketing manager of Conmo Electronic Co, Candice Li SAID in a survey obtained by Channels Television on Tuesday, adding,g “Goods cannot be exported and money cannot be collected. This is very severe.”

Most exporters Reuters spoke with said U.S. orders have either been delayed or stopped coming – a bad sign for the world’s second-largest economy, whose growth last year relied heavily on running a trillion-dollar trade surplus.

Kobe Huang, sales representative at Shenzhen Landun Environmental Technology, which makes water filters and smart toilets, says that for now, European sales are up, but the U.S. market is “frozen.”

U.S. customers and distributors haven’t cancelled orders, he said. “They have asked us to hold on. We are holding on.”

No other country comes close to matching China’s sales of more than $400 billion in goods to the U.S. each year.

And while Trump’s tariffs on the rest of the world are much lower, they are likely to curb global demand in coming months – and implicitly, the appetite for Chinese goods in other countries.

Despite the tariffs on China, exports from China to other countries, including to Nigeria, have surged.
A poll by AFP said China is expected to post first-quarter growth of around five percent on Wednesday, buoyed by exports.

Analysts polled by AFP forecast the world’s number two economy to have grown 5.1 percent from January to March.

Figures released Monday showed Beijing’s exports soared more than 12 percent on-year in March, smashing expectations, with analysts attributing it to a “frontloading” of orders ahead of Trump’s so-called “Liberation Day” tariffs on April 2.

Many exporters said they have been either diversifying their production bases outside China, or the markets they sell to, away from the United States.

Henry Han, sales manager at Apexto Electronics Co, which makes SSD and micro SD flash drives, says the U.S. market only s for 10% of direct sales, down from 30% before the pandemic. Many of their customers now take shipments of components for final assembly in a third country to avoid the tariffs.

Sales manager David Du, from speaker maker Zealot, said an order from Skechers for 30,000 speakers to be distributed to their U.S. stores was put on hold after Trump’s tariffs. But he said he can rely on other markets.

Zealot got a big and unexpected break in 2015, when an all-in-one speaker, power bank and emergency flashlight became a hit in Nigeria.
He added that its market in Nigeria is now twice as big as the U.S., ing for 40% of total sales and taking in 45 containers monthly.

“We are as big as JBL” in Nigeria, Du said, referring to the Californian audio equipment brand.
READ ALSO: Global Investors Dump US Stocks At Record Pace — Survey

China’s exports to Nigeria are diverse and significant, with a focus on manufactured goods, particularly electrical and electronic equipment, machinery, and vehicles. In 2023, these top exports included electrical and electronic equipment ($2.88B), machinery, nuclear reactors, and boilers ($2.13B), and vehicles (other than railway or tramway) ($1.34B).

The bilateral trade between Nigeria and China reached an all-time high of $15.1 billion (about N25.7 trillion) between January and September 2024, with China’s imports from Nigeria increasing by 36.1 per cent year-on-year.

https://www.channelstv.com/2025/04/15/china-turns-to-nigeria-other-emerging-economies-as-us-markets-freeze/

Enough talk about China-US trade tangles, maybe not enough talk but a shift away from that to China- Nigeria/Africa's more significant emerging opportunities. China is not only turning to Nigeria or Africa in trade market, she is also set to deliver $51billion investment, aid, and loans over the next two years beginning as recently as 2024. Particularly that African Continental Free Trade Area (AFCTA) opens up the possibility of cross-border value chains developing in Africa.
Most of the goods that China imports from Africa are natural resources , in return, Chinese companies export a wide range of goods to Africa, including manufacturing products, Agricultural, industrial machinery , vehicles, etc. A 2019 statistics, for example, shows Chinese contractors ed for about 60% of the total value of construction work in Africa, this is bonkers! - in a good way, I mean.
So, here's the deal, a desperate Xi Jinping looking to diversify his country's market and dependency on the US market, seeing Nigeria being the biggest market for its products in Africa, will strike a deal on Nigeria's own . I expect the minister of trade and investment push a near perfect deal on the table of Mr President. This is where we're back to the China-Nigeria currency swap. Renewal of Naira/Yuan deal from $2billion to as low as $10billion as kick off. As well as more emphasis on capital goods coming in to stimulate local industrialization. That should be the sweet juice we should squeeze out of the deal. A desperate Xi Jinping would not hesitate accelerating its approval in 1week while FG puts on a big smile.

MaNGA.

Lol.. Funny, turn to Nigeria?

The USA is the one responsible for China economic growth

Naija is just selling it self short, no matter USA bad, they are still out best trading partner, we can high the price as long as it has good standard they will buy, and they buy our product more than China, but we buy from china more than USA.

Chinese have always had Nigerian customers. Go to TikTok and see videos of numerous Chinese dealers

If only the Nigerian government will make good use of this opportunity and not just bore themselves with 2027 elections.

There's no difference between China and Aba made. It's just finishing

Africa doesn't have the purchasing power
Both America and China will suffer this senseless trade war

Let china come and open manufacturing here and build supply chain in africa, not just flooding Nigeria with cheap products.
Otherwise Nigeria should also slap tariff on china products, we have oue own local content to buy from.

Hyperchi:
Naija is just selling it self short, no matter USA bad, they are still out best trading partner, we can high the price as long as it has good standard they will buy, and they buy our product more than China, but we buy from china more than USA.

Smh. USA is not even among the top 3 of our best trading partners. You are using obsolete information. China has over the years been reducing its trade with US in preparation for a moment like this.

USA itself has over the years shifted from being a manufacturing power house to becoming a service oriented economy so much that it's leading manufacturing companies have shifted their factories to China, Vietnam and Cambodia. Most Americans buy mostly made in China products!

D1official:

You guys will hype China into destruction,US economy is over 7 trillion USD bigger than China's with far less population.

Smh. If it's by US dollars then ask yourself why on earth did Tesla, Apple etc moved to those countries. Ignorance is not bliss o. Here's what Late President Reagan predicted when he resisted what Trump is currently doing https://youtube.com/shorts/tXb5P2hsVHI?si=LTZAq-EAs6Mq_sGp


In your estimation, Reagan, a Republican President, too is hyping China. Smh

We are getting there!

Magnumproperty:
We are getting there!

Getting where ?

Kobojunkie:
China is about to completely swallow up Nigerian markets, is more like it.

You are smart dude

Naija is the hottest Chic on the block

femisplash:
https://www.channelstv.com/2025/04/15/china-turns-to-nigeria-other-emerging-economies-as-us-markets-freeze/

China is about to completely swallow up Nigerian markets, is more like it.

Lol Dustbin Ya...


The only Difference why I jus like getting my product from US even if is made in China is that they always come with extra quality buh if you buy same product directly from China the quality is of less and cheap while the US will be a bit costly.....

SIRTee15:
➜Let china come and open manufacturing here and build supply chain in africa, not just flooding Nigeria with cheap products. Otherwise Nigeria should also slap tariff on china products, we have oue own local content to buy from.

Open manufacturing after which it will flood the country with Chinese workers to do the jobs in the factories it creates, abi? Una has never seen anything yet! Go ask Indonesia, Pakistan, and others how "the go dey go" with them and China opening factories on their soil to learn. 🙄🙄🙄🙄🙄🙄

What does China need, and only USA can offer?












NOTHING!!!

I pity Nigeria tho, cause Asians (lead by China) are economically ruthless and brutal.

femisplash:


https://www.channelstv.com/2025/04/15/china-turns-to-nigeria-other-emerging-economies-as-us-markets-freeze/

We and our surviving, struggling manufacturing industries go hear am...

Get them to build factories here , so our people can get jobs , you cant just come and be selling and be taking advantage of our massive population , even the government should do more than just collecting taxes, get them to create job here, it will reduce crime rate and all that.

This is risky fa.

We already import more goods from China than from any other country in the world. We import about 9 to 10 times the value of what we export to China. Our trade relationship is lopsided. Which is the exact situation that has exacerbated the recent US-China trade war in the first place, trade deficit—US importing more than it exports to China. With the US market freezing for China and the increased attention Nigeria will continue to receive from China, our own trade deficit with them is likely to grow exponentially now. Their goal would be to close the $500B gap the American market has created, and to do so they'll try to max out their trade with all other partners. Maybe they'll aim to double the $20B they've with us in the next few years, we being a country of 200M people. More industries and businesses that previously had the US as their main market will turn look for alternatives.

Our local industries in the same market are unlikely to be able to compete favorably with their Chinese counterparts due to higher manufacturing costs here. What will happen is that the markets will become even more saturated with Chinese products, outpacing local competition and eventually pushing them out. With that, we return to the age of importing everything from China — including toothpicks and pencils (if we’re not still there already). Factories shut down, people lose jobs, unemployment spikes, followed by all the economic implications that come with it.

Will our government protect us like the US is trying to protect local production? Unlikely. China will offer more loans, which creates more resources for our theifing leadership to steal, so nobody will complain.

Lols...

emmabest2000:


[/b]Getting where?[b]



You are smart dude

FreeStuffsNG:

Smh. USA is not even among the top 3 of our best trading partners. You are using obsolete information. China has over the years been reducing its trade with US in preparation for a moment like this.

USA itself has over the years shifted from being a manufacturing power house to becoming a service oriented economy so much that it's leading manufacturing companies have shifted their factories to China, Vietnam and Cambodia. Most Americans buy mostly made in China products!

You guys will hype China into destruction,US economy is over 7 trillion USD bigger than China's with far lesser population.

China tried to close the last British steel factory after China acquired it, but the British government had to step in quickly to take it over as closing the last British steel making in Britain will be that they will now depend on China for steel.

British Steel workers block Chinese executives from Scunthorpe plant
Dramatic standoff came hours before Business Secretary accused Jingye of planning ‘irrevocable’ closure of last ‘virgin steelworks’ in UK

femisplash:


https://www.channelstv.com/2025/04/15/china-turns-to-nigeria-other-emerging-economies-as-us-markets-freeze/

Congratulations to Nigerians o

Nigeria wants to feel important 😆 they didn’t turn to Nigeria anything they are reaching out to their other non usa markets intensifying efforts everywhere else not relying on Trumps USA that’s what sensible economies do unlike Nigeria

COMRADES are speechless, Nigeria and other emerging economy cannot close the gap that US has created, because the US imports goods worth of more than 500 billion dollars from China in a year, how much is the trade volume between China and Nigeria and other remaining emerging markets?
China should try to make peace with the US for her to continue enjoying massive patronage of trade from the US