ZIMBABWE TO SUSPEND TARIFFS ON ALL US IMPORTS: PRESIDENT

Sun 06 April 2025:

Zimbabwean President Emmerson Mnangagwa said he will direct the government to suspend all tariffs on US imports.

Mnangagwa posted on X on Saturday that this measure aims to boost American imports in Zimbabwe and promote Zimbabwean exports to the US.

“This action underscores our commitment to a framework of equitable trade and enhanced bilateral cooperation,” he said.

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Stressing that reciprocal tariffs protect domestic jobs and industries, Mnangagwa said “Zimbabwe maintains a policy of fostering amicable relations with all nations, and cultivating adversarial relationships with none.”

US President Donald Trump has announced sweeping tariffs, ranging from 10% to 50% on imports from dozens of countries and economic regions, including Zimbabwe, whose exports to the US will face a 18% surcharge.

The European Union will face a 20% tariff, while China is subject to 34% reciprocal tariff, Vietnam 46%, Taiwan 32%, Japan 24% and India 26%, among others.

Some countries, such as Türkiye, the UK, Brazil, Australia, the United Arab Emirates, New Zealand, Egypt and Saudi Arabia were each subjected to 10% baseline tariffs.

-Source: AA

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