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April 4, 2025

Trump’s Tariffs: An In-Depth Look at Their Impact on Africa

Yvonne Mhagno from Bloomberg Economics provided insights into how U.S. President Donald Trump’s recent tariffs can influence African economies. On April 2, Trump enacted tariffs imposing at least a 10% levy on all exporters to the United States, with more significant duties affecting around 60 nations. These tariffs introduce a new challenge for African exporters already contending with a complex global market. Mhagno highlighted that the tariffs could hinder economic growth and trade relationships in Africa. As nations adapt to these changes, they will need to find innovative strategies to maintain their competitiveness in the global marketplace. The implications of U.S. policies can usher in vulnerabilities and necessitate that African countries rethink their trade approaches moving forward.

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