Tuesday, April 10, 2018

US-China Trade War Will Hurt Africa

Business Daily Africa published on 9 April 2018 a column titled "US-China Trade War Will Hurt Africa."

The column argued that as African countries juggle between limiting imports to improve the balance of trade and protect local industries or improving the cost of living through importation of finished products that come cheaper, both will be coming at a high cost in the global market. The autarkic escalation led by the US-China trade war spells the proverbial case of choosing between the devil and the deep blue sea for African countries.

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