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Africa’s poorest countries are hit hardest by Trump’s tariffs

United States President Donald Trump announced tariffs that will affect African businesses and may force them to trade more with China, according to experts.
The tariffs include a universal 10 percent duty and higher rates on countries like Nigeria and South Africa, which could jeopardize the African Growth and Opportunity Act, say analysts.
South Africa's government responded to the tariffs by calling them punitive and a barrier to trade, stating they would create barriers to trade.
Experts believe the tariffs will raise living costs and lead to job losses in African economies reliant on U.S. Trade.

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Al Jazeera

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RocketNews

Lean Left

Have Trump’s tariffs killed US-Africa preferential trade?

The AGOA framework that saw African countries export duty free to the US is as good as dead, experts say.

11 hours ago·Qatar

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The Globe & Mail

Center

Africa’s poorest countries are hit hardest by Trump’s tariffs

The U.S.’s bizarre tariff formula creates a higher rate for low-income countries such as Lesotho and Madagascar that are simply too poor to import many U.S. products

14 hours ago·Canada

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Australian Financial Review

Lean Right

World’s poorest nations to crumble in Trump’s trade war

Madagascar, the “mountain kingdom” of Lesotho and Pacific island Nauru are on the list of countries hit with punishing US tariffs.

15 hours ago·Sydney, Australia

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Daily Maverick

Center

Trump tariffs to hit problem-riddled Eastern Cape hard

New export tariffs imposed by the Trump administration on South Africa will disproportionately affect South Africa’s poorest province.

15 hours ago·South Africa

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technext24.com

Trump tariffs and Africa

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9 hours ago

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stratnewsglobal.com

Trump's Tariff Policy Baffles The World, Hits The Poor Hardest

Economists across the world rushed to point out that the terms cancelled each other out in such a way that it could be reduced to a simple quotient of goods trade deficit over goods trade exports. The post Trump’s Tariff Policy Baffles The World, Hits The Poor Hardest appeared first on StratNews Global.

20 hours ago

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