28/07/2025
*Major_Trade_Update*
The US and EU have just struck a deal to avoid a trade war but it comes at a cost: a 15% tariff on most EU goods according to Reuters. This means American consumers will now pay 15% more on imports from Europe like cars, medicine, and semiconductors. 🇺🇸💸
Interestingly, instead of retaliating, the EU agreed to increase its purchases of U.S. energy and military equipment choosing cooperation over counter-tariffs.
Now imagine if Zambia adopted a similar policy say, a 15% tariff on imported agriculture and livestock products to boost our local farmers, ranchers, and agri-businesses.
Could this:👇
✅ Make Zambian products more competitive?
✅ Attract local investment in agro-processing?
❌ Or would it raise food prices and spark retaliation?
It’s a bold idea — but in a global economy, would it work for us?
