Xinhua
25 Mar 2025, 21:47 GMT+10
The United States, as a leading economy, should have adhered to international trade rules and promoted global economic recovery and development; however, its tariff policy has gone against the grain.
NAIROBI, March 25 (Xinhua) -- Trump's tariff policy has not only severely hampered the momentum of global economic recovery but also placed developing countries in Africa in the eye of the storm, a Kenya-based international relations scholar has said.
In an interview with Xinhua, Cavince Adhere said that the United States, as a leading economy, should have adhered to international trade rules and promoted global economic recovery and development, however, its tariff policy has gone against the grain.
Trump opted to address trade issues with other countries by imposing tariffs and raising taxes, a strategy that has undoubtedly intensified tensions in the global trade environment, he said.
Adhere said that the imposition of high tariffs on key trading partners, such as Mexico, Canada and China, has not only hindered normal trade relations with these countries but also cast a shadow over the prospects for global economic recovery.
Emphasizing the tariff policy is not constructive in international trade but counterproductive instead, the expert said that the United States is deeply embedded in global value chains, and any increase in tariffs will only push up the cost of goods in the United States, harming consumer interests and weakening its economic competitiveness.
"Many major economies are now revising their growth forecasts, and the American people are bearing the brunt of these unnecessary taxes in the form of higher prices for imported goods," he said, adding that Trump's move has triggered widespread panic globally, leading to rising inflation and a general decline in consumer and investor confidence.
Adhere depicted Trump's tariff policy as trade protectionism, saying that it is not only undermining the stability of the international trade system but also fueling global trade tensions.
Washington's previously implemented tariff policies have already caused significant collateral damage in Africa, said Adhere, adding that commodity prices have plummeted, local currencies have depreciated sharply and stock prices on major exchanges have tumbled, dimming the economic prospects of African countries.
Major economies in Africa such as Nigeria, South Africa and Angola have seen their growth momentum severely curtailed by the impact of the tariff policies, he said.
Noting that China plays a pivotal role as Africa's largest trading partner and technology provider, Adhere said that the country is the global center of manufacturing and a leader in green energy transition, and its economic status is increasingly prominent.
Trump's tariff policy regarding China is unwise and short-sighted, the expert said, adding that by using tariffs to curb China's development, the United States will not only fail to achieve its desired outcomes but also harm its own interests and trigger global trade conflicts.
Get a daily dose of Kenya Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Kenya Star.
More InformationU.S. President Donald Trump walks toward the South Lawn to board Marine One at the White House in Washington, D.C., the United States,...
Elon Musk has echoed US President Donald Trump's allegations that Pretoria mistreats Afrikaners ...
Elon Musk has echoed US President Donald Trumps allegations that Pretoria mistreats Afrikaners South African President Cyril Ramaphosa...
U.S. President Donald Trump attends an event celebrating the Greek Independence Day at the White House in Washington, D.C., the United...
The exercises will include both port and sea phases, focusing on shared security challenges ...
The exercises will include both port and sea phases, focusing on shared security challenges The Indian Navy, in collaboration with...
SYDNEY, Australia - A recent Roy Morgan survey indicates that if a federal election were held today, the Australian Labor Party (ALP)...
WASHINGTON, D.C.: The Trump administration is considering strict new travel restrictions for citizens of dozens of countries, according...
(250325) -- SAITAMA, March 25, 2025 (Xinhua) -- Ito Junya of Japan reacts after missing a chance to score during the 2026 FIFA World...
U.S. President Donald Trump walks toward the South Lawn to board Marine One at the White House in Washington, D.C., the United States,...
New Delhi [India], March 25 (ANI): The Union Cabinet is likely to soon give its nod for a deal to acquire 145 Light Combat Helicopters...
Washington has made it clear that Kievs NATO bid is off the table, according to the Russian foreign minister The approach taken by...