Trump's Protective Tariffs and Their Impact on Africa
8 Pages Posted: 14 May 2018 Last revised: 16 Jul 2018
Date Written: April 11, 2018
Abstract
The international discussion of Trump's dispute over import tariffs for steel, aluminum and even cars is so far focused on the big global players. However, African countries in particular could suffer from the planned punitive tariffs, analogous to the famous African proverb, "When elephants fight, it is the grass that suffers". Egypt and South Africa for example, the potentially most affected countries in Africa, face massive job losses and earning opportunities, with all the consequences that this entails for their already fragile economy and their population in dire poverty.
Keywords: USA, tariffs, steel, aluminum, cars, trade war, China, EU, Africa, Egypt, South Africa
JEL Classification: F13, F51, F52, F6, H21, P16, P52
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