Monday, April 22, 2019

Impact of US-China Trade War on Africa

The United Arab Emirates' The National published on 17 April 2019 an article titled "How Africa Became Collateral Damage in US-China Trade War" by Gavin du Venage.

The author argues that those African countries such as Angola, South Sudan, and Zimbabwe that export most of their oil and minerals to China are being hurt by the US-China trade war. As the Trump administration tries to close the trade gap with China by putting tariffs on Chinese exports to the United States, it reduces China's need to purchase African raw materials. If this situation continues, the African Development Bank warns that the trade tensions could cause a 2.5 per cent reduction in the GDP of resource-intensive African countries and a 1.9 per cent reduction for oil exporters by 2021.

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