Africa: Coping With The Trump Shock

Africa: Coping With The Trump Shock

Trump ends Africa’s duty-free era, imposing 15–30% tariffs on 22 nations and jeopardizing jobs, exports, and long-standing trade ties.

US tariffs are hitting African exports hard. Now, governments and businesses must devise a Plan B to expand trade and grow their economies.

US President Donald Trump is not an Africa enthusiast; he has mocked Lesotho as a place “nobody has ever heard of ” and has never set foot on the continent.

In July, however, Africans were hopeful that Trump was mellowing. At a summit in Washington with the presidents of five African nations, he announced a shift from “aid to trade” in US efforts to strengthen ties with the continent.

Pivoting US-Africa relations toward trade and investment to foster self-reliance and mutual prosperity and move away from traditional aid dependency was critical, Trump said.

He had already dismantled USAID, the principal US foreign aid agency, leaving a trail of negative social effects on the continent.

Author’s summary: Trump imposes tariffs on Africa, shifting US-Africa ties.

more

Global Finance Magazine Global Finance Magazine — 2025-11-03

More News