In Trump's trade war, who wins? Who loses?
04/03/2026
Record customs duties, global surcharge, abandonment of AGOA... The first year of Donald Trump's second term has redesigned trade flows between Washington and the continent. Quantified balance sheet.
At first glance, the United States and Africa are doing well in 2025, with a 16% increase in their trade reaching $80 billion, while Washington has reduced its trade deficit with the continent from $6.5 billion to $1.9 billion. However, on closer inspection, significant upheavals appear.
