China will eliminate tariffs on 53 out of 54 African countries, strengthening economic ties and provoking a backlash against Donald Trump's trade measures
Delia Niculescu
International
foto:shutterstock
Always see our news on Google
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
07:33
Vincent Pastore, an actor known for his role in 'The Sopranos', has died at the age of 80.
07:18
Donald Trump: The USA and Israel are ready to cancel attacks if Iran completely opens the Strait of Hormuz and renounces the nuclear threat.
07:17
Sever Voinescu: Temptation and tendency
22:50
The Danube is approaching a new historic minimum. Romanian Waters warns: the next two weeks are critical.
22:10
Devastating explosion in a cafe in Moscow: three dead and 15 injured
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
