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Tariffs Tag

Examining the likely outcome of Brexit for Africa, Dirk Kohnert exposes the myths of a rosy new dawn for the continent’s relationship with the UK. Behind the ‘altruistic’ Post-Brexit rhetoric of the British government about assisting pro-poor growth in Africa, the fact is that the UK is a major champion of a wide network of notorious tax havens in UK’s overseas territories, crown dependencies, and island economies of its former empire. The prospects do not look good. By Dirk Kohnert The controversial discussion on the potential impact of the Brexit, that is, the impending withdrawal of the United Kingdom from the European Union on Africa by the end of March 2019, has been characterized by high-flying illusions on the part of the proponents and grim predictions on the part of the sceptics. The British government’s vision of a ‘Global Britain’ relies heavily on its reinforced cooperation with...

As Donald Trump makes his first visit to the UK as president, Dirk Kohnert looks at how his policies will hit African countries. After years of talk of partnership for African economic development Trump’s tariffs mean a severe blow to African trade and sustainable development. Kohnert argues that Egypt and South Africa for example, potentially the most affected countries in Africa, face massive job losses....