African economies under threat from U.S. tariff war, says Ghanaian analyst

ACCRA, July 29 (Xinhua) -- African economies will face adverse consequences of the ongoing tariff war by the United States, a Ghanaian expert has said. Kenya breaking news | Kenya news today |..

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African economies are under threat from the new U.S. tariff war, according to economist Leslie Dwight Mensah of the Institute for Fiscal Studies. The impact will vary based on the scale of trade relationships with the United States, potentially eliminating some export trade.

Some African economies face duties of up to 50 percent on goods to the U.S., including Lesotho (50 percent), Madagascar (47 percent), Mauritius (40 percent), and Botswana (37 percent).
Leslie Dwight Mensah, economist at the Institute for Fiscal Studies.
New tariffs mean many African economies will see positive tariffs on most exports compared to previous zero tariffs.