(3 Minutes Read)
The ripple effects of renewed U.S. tariff policies under President Donald Trump are weighing heavily on African markets, especially for countries that have long relied on preferential access through the African Growth and Opportunity Act (AGOA).
Top African economies are recalibrating their strategies in response to U.S. tariffs, leadership transitions, and deepening regional conflicts, with significant implications for trade, security, and livelihoods.
The ripple effects of renewed U.S. tariff policies under President Donald Trump are weighing heavily on African markets, especially for countries that have long relied on preferential access through the African Growth and Opportunity Act (AGOA). Nations such as Lesotho and South Africa are seeking alternatives by reinforcing regional trade through frameworks like the African Continental Free Trade Area (AfCFTA) and pursuing new bilateral trade agreements.
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These tariffs are expected to reduce export earnings for many AGOA countries. In response, countries are looking to diversify their economies, strengthen regional supply chains, and engage in strategic diplomacy. Legal channels and multilateral forums are also being explored as avenues to challenge the tariffs and seek more favorable trade terms.
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