U.S. tariffs hit Africa hard: South Africa, Algeria, and Libya face steepest rates

The U.S. is imposing a new wave of tariffs on African exports, with South Africa, Algeria, and Libya facing the continent’s highest rate of 30 percent. These tariffs are set to take effect on August 7 and follow a missed deadline of August 1 for trade negotiations between the U.S. and African nations. However, no trade deals were finalized with African countries before this deadline (Read more at CGNT Africa).