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Trump Tariffs: Impact on Africa's Economies
Posted
April 4, 2025
Views
3,558
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April 4, 2025
3,558
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2.78%
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2:46Now PlayingYvonne Mhagno from Bloomberg Economics discusses how tariffs introduced by US President Donald Trump can affect African economies. On April 2, Trump imposed tariffs that will see at least a 10% tariff on all exporters to the US, with even higher duties on some 60 nations. The tiny southern African mountain kingdom of Lesotho was hit with a 50% levy. South Africa was also among the nations that will receive a charge above 10%, with a 30% levy on products exported to the US.
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