Already this year, China’s trade surplus with Africa is nearly as big as all of 2024, a sign of how President Trump’s tariffs are reshaping the flow of goods.
Tariffs and
Trade
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Already this year, China’s trade surplus with Africa is nearly as big as all of 2024, a sign of how President Trump’s tariffs are reshaping the flow of goods.
By Daisuke Wakabayashi and Musinguzi Blanshe
Chinese firms divert trade to emerging markets and other major regions, while shipments to US drop dramatically.
Africa favours China as US relationship deteriorates due to disturbing pattern that ‘inflicts harm but expects loyalty’, analysts…
The move comes as the continent's exports face the possibility of high tariffs from the US.
China’s decision to suspend tariffs on imports from 53 African partners beginning May 1 has been heralded as a strategic…
China now exports about US$1.6 trillion to the developing world – more than 50 per cent higher than to the US and western Europe…
Africa’s coffee exports to China grew 70.4 per cent in the first quarter, with more deals expected to satisfy discerning middle…
