African nations that faced steep Trump tariffs get some relief but mostly more uncertainty

African nations get some relief from Trump’s tariff pause

African nations that faced some of the steepest reciprocal tariffs from the Trump administration were given a moment of relief Thursday by the suspension of the duties, only for new uncertainties to hang over key businesses sending clothing and textiles, vanilla and fruit to the United States. Lesotho, Madagascar and South Africa were threatened with some of the highest tariff rates under U.S. President Donald Trump’s plan. Lesotho, a tiny mount…

African nations that faced steep Trump tariffs get some relief but mostly more uncertainty

African nations that were facing some of the steepest reciprocal tariffs from the Trump administration have been given a moment of relief with the pausing of the duties.

How US’s new tax reforms could impact Rwanda

Rwanda’s exports to the US – which were previously duty-exempt, except garments – are now subject to a 10 per cent tax, overall, under President Donald Trump’s tariff policy....

Trump tariffs a turning point for Kenya and region - Nairobi Business Monthly

It is yet another challenging path for African economies after the White House imposed a baseline tariff of 10 per cent on all goods exported to the United States (US) by Kenya, Ghana, Ethiopia, Tanzania, Uganda, Senegal, and Liberia. The US government has also imposed steep tariffs on other African nations: 47 per cent on Madagascar, 40 per cent on Mauritius, 37 per cent on Botswana, 30 per cent on South Africa, and 50 per cent on Tanzania agai…

Relief in Egypt and Morocco following Trump tariffs

Relief in Egypt and Morocco following Trump tariffs

GUTA happy with Trump's tariff retreat

Business players in Ghana have expressed satisfaction with the decision by U.S. President Donald Trump to suspend the 10% tariff on all exports to the United States. The move follows growing concern over steep tariffs imposed on many of the U.S.’s trading partners, which have sparked volatility in global financial markets. Ghana was among the […] The post GUTA happy with Trump’s tariff retreat appeared first on Ghanamma.com.