Harare: 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.
According to Anadolu Agency, this action underscores Zimbabwe's commitment to equitable trade and enhanced bilateral cooperation. Stressing the importance of reciprocal tariffs in protecting domestic jobs and industries, Mnangagwa reiterated Zimbabwe's policy of fostering amicable relations with all nations while avoiding adversarial relationships.
Meanwhile, US President Donald Trump has announced sweeping tariffs, ranging from 10% to 50% on imports from various countries and economic regions. Zimbabwean exports to the US will face an 18% surcharge. The European Union will encounter a 20% tariff, while China is subject to a 34% reciprocal tariff, Vietnam 46%, Taiwan 32%, Japan 24%, and India 26%, among others.
Several countries, including Trkiye, the UK, Brazil, Australia, the United Arab Emirates, New Zealand, Egypt, and Saudi Arabia, are each subjected to 10% baseline tariffs.