China ready to drop all tariffs on African imports
China ready to drop all tariffs on African imports
www.bbc.com
China-Africa trade: Beijing ready to drop tariffs on imports from the continent
7 comments
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Why did China have tariffs on these nations to begin with?
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I'm pretty sure almost all nations have tariffs on each other, except for countries in the EU and things like that
they might not be much, but they exist
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7 comments
China is going to fucking kick our asses. They’re thinking strategically while we’re fucking about with our thumbs in our asses.
Republicans are swine.
Yeah.. China's been busy expanding their Belt and Road initiative across the developing world for the last decade. Meanwhile the US has spent the time fighting each other every election cycle.
And wars all over the globe, including proxy wars.
Yeah it's often overlooked that one of the main struggles have been local infrastructure and production to make African countries self-sufficient. And with over a decade of Chinese infrastructure like modern roads able to handle trucks being built, and removal of these tariffs. It opens the door to expand production and long term growth.
There are of course negative aspects involved, but it's still a potential game changer when it comes to global trade and production.