{"id":8404,"date":"2025-04-09T21:28:00","date_gmt":"2025-04-09T21:28:00","guid":{"rendered":"https:\/\/synerginfo.com\/non-classifiee\/africa-relief-after-donald-trump-backs-down-on-tariffs\/"},"modified":"2025-04-15T09:59:28","modified_gmt":"2025-04-15T09:59:28","slug":"africa-relief-after-donald-trump-backs-down-on-tariffs","status":"publish","type":"post","link":"https:\/\/synerginfo.com\/en\/business\/africa-relief-after-donald-trump-backs-down-on-tariffs\/","title":{"rendered":"Africa: Relief after Donald Trump backs down on tariffs"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Suspension welcomed but uncertainty persists<\/h3>\n\n<p class=\"wp-block-paragraph\">US President <strong>Donald Trump<\/strong> &#8216;s decision to suspend the application of certain <strong>tariffs<\/strong> for <strong>90 days<\/strong> has been greeted with relief in several African countries, including <strong>South Africa<\/strong>, <strong>C\u00f4te d&#8217;Ivoire<\/strong> and <strong>Madagascar<\/strong>. Initially, Pretoria was facing a <strong>30% tax<\/strong>, notably on its citrus exports, a sector vital to its economy. <\/p>\n\n<p class=\"wp-block-paragraph\">&#8220;We were relieved by this announcement, especially as it coincides with the launch of the export season,&#8221; said <strong>Boitshoko Ntshabele<\/strong>, CEO of the <strong>Citrus Growers&#8217; Association (CGA<\/strong>). However, the <strong>10%<\/strong> global tax imposed by Washington remains in force, largely nullifying the benefits offered by <strong>AGOA<\/strong>, the agreement that allowed African countries to export free of charge to the United States. <\/p>\n\n<h3 class=\"wp-block-heading\">A direct impact on the agricultural and industrial sectors<\/h3>\n\n<p class=\"wp-block-paragraph\">As the world&#8217;s second-largest citrus exporter, South Africa is still hoping to obtain a lasting <strong>tariff exemption<\/strong>, pointing out that its exports do not compete directly with those of the United States, since they are <strong>counter-seasonal<\/strong>. But beyond the agricultural sector, <strong>the automotive industry<\/strong> also remains under pressure. The <strong>25% surtax<\/strong> on vehicles is still in place, affecting a strategic sector of South African industry.  <\/p>\n\n<p class=\"wp-block-paragraph\">For <strong>Ayabonga Cawe<\/strong>, a member of <strong>South Africa&#8217;s International Trade Commission (ITAC)<\/strong>, it&#8217;s not just about the numbers:<\/p>\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">&#8220;Uncertainty slows investment, complicates plant location decisions, and slows job creation.&#8221;<\/p>\n<\/blockquote>\n\n<p class=\"wp-block-paragraph\">Faced with this trade volatility, <strong>Pretoria is stepping up its bilateral discussions<\/strong> with Washington while <strong>exploring new export markets<\/strong>.<\/p>\n\n<h3 class=\"wp-block-heading\">A welcome respite in Abidjan and Antananarivo<\/h3>\n\n<p class=\"wp-block-paragraph\">In <strong>C\u00f4te d&#8217;Ivoire<\/strong>, the three-month moratorium is seen as a <strong>window of opportunity<\/strong>. The United States accounts for <strong>4% of Ivorian trade<\/strong>, led by <strong>cocoa exports<\/strong>. Agriculture Minister <strong>Kob\u00e9nan Kouassi Adjoumani<\/strong> was reassuring about the situation, saying the country could adapt.  <\/p>\n\n<p class=\"wp-block-paragraph\"><strong>Madagascar&#8217;<\/strong>s private sector, which remains dependent on AGOA for several products, <strong>welcomes the suspension with relief<\/strong>, while calling for a <strong>lasting stabilization of trade rules<\/strong>.<\/p>\n\n<h2 class=\"wp-block-heading\">Conclusion: A respite, but not a guarantee<\/h2>\n\n<p class=\"wp-block-paragraph\">While the temporary suspension of U.S. taxes offers a <strong>breath of fresh air<\/strong> to many African economies, it also highlights the <strong>fragility of trade agreements<\/strong> in times of political instability in Washington. For many countries on the continent, the priority now remains to <strong>diversify their economic partners<\/strong> and build <strong>more resilient trade alliances<\/strong>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Suspension welcomed but uncertainty persists US President Donald Trump &#8216;s decision to suspend the application of certain tariffs for 90 days has been greeted with relief in several African countries, including South Africa, C\u00f4te d&#8217;Ivoire and Madagascar. Initially, Pretoria was facing a 30% tax, notably on its citrus exports, a sector vital to its economy. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8214,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,38],"tags":[],"class_list":["post-8404","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-africa","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Africa: Relief after Donald Trump backs down on tariffs - Synerginfo<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/synerginfo.com\/en\/business\/africa-relief-after-donald-trump-backs-down-on-tariffs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Africa: Relief after Donald Trump backs down on tariffs - Synerginfo\" \/>\n<meta property=\"og:description\" content=\"Suspension welcomed but uncertainty persists US President Donald Trump &#8216;s decision to suspend the application of certain tariffs for 90 days has been greeted with relief in several African countries, including South Africa, C\u00f4te d&#8217;Ivoire and Madagascar. Initially, Pretoria was facing a 30% tax, notably on its citrus exports, a sector vital to its economy. 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