Trump Increases Tariffs on Kenyan and Zimbabwean Exports

President Donald Trump imposed a 20% tariff on Kenyan goods, citing trade imbalances and currency manipulation, which could significantly impact Kenya's economy, potentially leading to job losses and reduced export volumes. This measure threatens the annual $72 billion exports under the African Growth and Opportunity Act. Concurrently, Zimbabwean President Emmerson Mnangagwa announced the suspension of tariffs on US goods in an effort to improve relations with the Trump administration, after the US imposed 18% tariffs on Zimbabwean exports. The US continues to maintain sanctions on Zimbabwe, targeting specific individuals and entities. Both actions reflect broader efforts by the Trump administration to address trade imbalances and safeguard American industry.