New Trade Policies Target Imports from 51 African Nations and More
United States President Donald Trump has announced sweeping new tariffs on imports, claiming that the U.S. has been “looted, pillaged, raped, and plundered” by foreign nations for decades.
During a speech at the White House Rose Garden, Trump defended his aggressive trade policies, saying that these new duties are necessary to protect American workers and industries.
New Tariffs Aim to Reshape U.S. Trade
The new tariffs include:
• A baseline 10% tariff on all imports
• Higher duties on major trading partners
• Tariffs impacting 51 African nations, among others
Trump insisted that these measures would revive American manufacturing, claiming:
“This is liberation day. Our country has been harmed economically, and today, we fight back.”
The announcement triggered panic in global markets, with investors fearing slower economic growth, rising inflation, and falling corporate earnings. Experts warn that these policies could lead to a major economic upheaval.
Despite criticism, Trump remained confident, stating:
“People will look back on this day and say, ‘He was right.’”
LIBERATION DAY RECIPROCAL TARIFFS 🇺🇸 pic.twitter.com/ODckbUWKvO
— The White House (@WhiteHouse) April 2, 2025
After his speech, Trump signed two executive orders to enforce the new tariffs, marking a reversal of decades of trade liberalization.
With economic uncertainty rising, global leaders and trade partners are closely watching how these policies will affect international trade relations and U.S. economic stability.
Source: AfricaNews