“We (Africa) are going straight into the hands of China,” Nigerian economist Bismarck Rewane told CNN. “That is the unfortunate outcome,” Rewane said of Africa’s expected further shift toward China, which has emerged in recent years as the continent’s largest bilateral trading partner.
Four African nations - Libya, South Africa, Algeria and Tunisia - face some of the steepest tariffs imposed by the Trump administration, with charges on exports ranging from 25% to 30%. Eighteen other countries from the continent were hit with 15% levies, a modified tariff package released Thursday by the White House showed.