• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

US tariff: Africa’s largest trade alliance mulls joint response as 8 member states face pressure

Simon Osuji by Simon Osuji
May 19, 2025
in Business
0
US tariff: Africa’s largest trade alliance mulls joint response as 8 member states face pressure
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

COMESA, representing 19 member states and a population of about 390 million, is preparing to push back against U.S. tariff measures that have impacted several African countries both within and outside the bloc.

The reciprocal tariffs imposed by U.S. President Donald Trump have placed eight COMESA member states under mounting economic pressure, prompting calls for a unified response.

In a policy statement released this week, COMESA outlined a “variable cooperative game strategy” aimed at countering the impact of the tariffs.

The proposed approach includes pursuing alternative trade agreements, enhancing intra-regional trade, and accelerating investments in regional infrastructure to reduce external dependencies.

The eight affected member states which include Democratic Republic of Congo (11%), Libya (31%), Madagascar (47%), Malawi (17%), Mauritius (40%), Tunisia (28%), Zambia (17%), and Zimbabwe (18%) now face mounting challenges as a result of the U.S. tariffs.

U.S. president Donald Trump said these tariffs which took effect on April 2 were part of efforts to address trade imbalances and boost domestic manufacturing in the United States.

COMESA is exploring new trade alliances through formal negotiations and binding agreements with partners such as the European Union, and other aligned economies.

Related posts

Man Takes $150,000 in Personal Loans for BTC: What Happened?

Man Takes $150,000 in Personal Loans for BTC: What Happened?

February 6, 2026
Replacement capital is the canary in private credit: Public non-traded BDC flows signaling caution

Replacement capital is the canary in private credit: Public non-traded BDC flows signaling caution

February 6, 2026

COMESA’s position

COMESA is exploring new trade alliances through formal negotiations and binding agreements with partners such as the European Union, China, Japan, India, the Middle East, and other aligned economies.

The goal is to unlock new markets and offset the impact of recently imposed U.S. tariffs that have strained several member states.

This proactive stance places COMESA ahead of other African blocs, including the Southern African Development Community (SADC) and the East African Community (EAC), which are expected to hold meetings later this month to chart their own responses to the U.S. trade actions.

Although the United States is not among COMESA’s top trading partners, the bloc warns that the new tariffs could still trigger widespread disruptions.

The U.S. tariffs have drawn criticism from COMESA and SADC, which argue that they undermine the benefits African countries enjoyed under the African Growth and Opportunity Act (AGOA).

For nearly 25 years, AGOA has granted eligible African nations duty-free access to the U.S. market for thousands of products, playing a critical role in shaping U.S.-Africa trade and recognizing the continent’s developmental needs.

With AGOA set to expire on September 30, 2025, the possibility of its renewal is uncertain, raising concerns about the future of U.S.-Africa trade relations.

Source link

Previous Post

Ghana Invests USD 50 Million in Digital Skills and Tech Innovation

Next Post

Donating Complex Assets Doesn’t Have to Be Complicated

Next Post
Donating Complex Assets Doesn’t Have to Be Complicated

Donating Complex Assets Doesn't Have to Be Complicated

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Sacred plant helps forge a climate-friendly future in Paraguay – EnviroNews

Sacred plant helps forge a climate-friendly future in Paraguay – EnviroNews

12 months ago
Stanford’s 2024 AI Index Tracks Generative AI and More

Stanford’s 2024 AI Index Tracks Generative AI and More

2 years ago
Federal workers say Biden’s BLM left them vulnerable to Trump

Federal workers say Biden’s BLM left them vulnerable to Trump

9 months ago
Mauritius Advances ICT Trade Tracking with Global Standards

Mauritius Advances ICT Trade Tracking with Global Standards

6 months ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.