#AfricanEconomics
The #Trumptariff sweep was milder than expected but oil states and surplus exporters face steep duties. Algeria, Libya and South Africa will pay 30% – most African countries face 10% or 15%. #AfricanEconomics

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Trump lessens the tariff pain, but they will still bite
The worst was averted – yet oil states and surplus exporters still face steep duties, as Lesotho breathes easier and AGOA’s future hangs in the balance
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August 7, 2025 at 2:39 PM