New Delhi, May 2 -- A China policy giving Africa's biggest economies tariff-free access to its market for the next two years came into effect Friday while its economic rival the United States seeks to impose new import taxes under President Donald Trump's push for protectionism.
The China deal covers Africa's 20 largest economies, including South Africa, Egypt, Nigeria, Algeria and Kenya. China had already dropped tariffs on 33 poorer African countries, meaning 53 of the continent's 54 nations are now eligible for "tariff-free treatment" for their goods, according to China.
The country not eligible is the small nation of Eswatini because it is the only one in Africa that maintains formal diplomatic ties with Taiwan.
China says it'll he...
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इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
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