Tuesday, June 24, 2025

China Looks to Africa in Global Trade War

 The Economist published on 19 June 2025 a commentary titled "China Is Trying to Win Over Africa in the Global Trade War."

As the United States ends its duty-free policy with many African states when the Africa Growth and Opportunity Act expires in September, China is eliminating tariffs on African countries.  China already has much higher total trade with Africa than does the United States, but it consists heavily of Chinese exports to Africa and fewer African exports to China.  The US has a trade deficit with Africa.  Ultimately, Africa must produce those things that China wants to buy to eliminate its trade deficit.