Institute for Security Studies on Nostr: How would Trump 2.0 impact African economies? ========== A second Trump presidency ...
How would Trump 2.0 impact African economies?
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A second Trump presidency could have significant implications for African economies. Trump's 'America First' approach would likely lead to protectionist and nationalistic trade policies, potentially sparking a trade war. African countries could be caught in the crossfire and face disruptions to their major trading partnerships. The US could review trade arrangements such as the African Growth and Opportunity Act and pursue more bilateral trade deals, which may undermine the African Continental Free Trade Area. Investment pullbacks and cuts to donor aid are also possible, which would be devastating for Africa. However, there may still be opportunities for African countries to form lucrative partnerships with the US, particularly if they align with the US' economic and security priorities. Pragmatic countries that can offer a return on investment and navigate the geopolitical landscape may succeed.
#Trump #AfricanEconomies #Trade #Investment #Protectionism
https://issafrica.org/iss-today/how-would-trump-2-0-impact-african-economies
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A second Trump presidency could have significant implications for African economies. Trump's 'America First' approach would likely lead to protectionist and nationalistic trade policies, potentially sparking a trade war. African countries could be caught in the crossfire and face disruptions to their major trading partnerships. The US could review trade arrangements such as the African Growth and Opportunity Act and pursue more bilateral trade deals, which may undermine the African Continental Free Trade Area. Investment pullbacks and cuts to donor aid are also possible, which would be devastating for Africa. However, there may still be opportunities for African countries to form lucrative partnerships with the US, particularly if they align with the US' economic and security priorities. Pragmatic countries that can offer a return on investment and navigate the geopolitical landscape may succeed.
#Trump #AfricanEconomies #Trade #Investment #Protectionism
https://issafrica.org/iss-today/how-would-trump-2-0-impact-african-economies