African Currencies Are under Pressure amid Higher-for-Longer US Interest Rates

American consumers will face higher prices, increased inflation, fewer available goods, and a drain of money from the global economy due to these unnecessary taxes.

Tanzania is currently shielded from U.S. tariffs under the African Growth and Opportunity Act, which remains in effect until the end of 2025.

America’s economic diplomacy was further undermined by Trump’s slashing of international humanitarian and peacekeeping funding.

[B]y lining up behind a man who has publicly denigrated their continent, those leaders ... helped validate a narrative ... of a subordinate, silent, and docile Africa.