Atlanta, GA. USA. Tuesday April 8, 2025: The reimposition of tariffs by President Donald Trump in his second term, announced on April 2, 2025, marks a seismic shift in global trade dynamics, with profound implications for African economies. Leveraging the International Emergency Economic Powers Act (IEEPA), President Trump has introduced a baseline 10% tariff on all U.S. imports, alongside “reciprocal” tariffs ranging up to 50% on nations deemed to hinder U.S. exports. For Africa—a continent where 32 countries once enjoyed duty-free access under the African Growth and Opportunity Act (AGOA)—these measures threaten to unravel decades of trade progress. This assessment evaluates the economic fallout for developing and poor African nations, spotlighting specific impacts on businesses and offering data-driven insights into this tariff tempest.
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A Global Assessment of President Trump’s Tariffs: Economic Implications for African Countries
