China has announced that it will eliminate 100% of tariffs on goods imported from Africa, benefiting 53 African countries, excluding Eswatini. This measure, designed to support African economies, also serves geopolitical purposes, strengthening China's leverage over US trade policies. In 2024, trade between China and Africa increased, but Africa has a significant trade deficit. Beijing plans to diversify imports from Africa and strengthen long-term economic ties amid trade tensions over Trump's tariffs.
Sources
Latest News
22:57
Traian Băsescu says that AUR "has reached the end of its growth potential" and will have to explain "the money it gave to television stations"
22:50
Paramount Skydance and Warner Bros Discovery will form Skydance after the completion of a $110 billion deal
22:36
The sixth day of protests at the Central Detention Center: Supporters of Călin Georgescu demand his release
22:14
Traian Băsescu, regarding the government crisis: “They have no solution left except an independent prime minister”
21:56
Britain’s Green Party voted to classify Zionism as racism / Israel accuses the party of legitimizing terrorism
See more news