Sunday, April 27, 2025

DIVERSIFICATION: LONG SILENCE IN TRADE WAR :UPDATES

U.S IMPOSE 25% TARIFF'S ON NEARLY  ALL GOODS

Tariffs :are tax imposed by one country's government on goods and service's from a foreign country.  It's also a fancy word for tax on imports. Making them more expensive,to encourage local purchases.

  
    Donald Trump sweeping 10% tariff plan on all us automobile import goods is making waves across the world . Hit me I hit you back game is a perfect strategy for a street fight . According to U.S president it's impose them and watch the country prosper.



   Diversification  is the name of the game , The goal is boosting  U. S Manufacturing's & reduce trade deficient When a product is brought. In from another country the price goes up 


Kenya is major exporter of good's i.e Tea, coffee, textiles & flowers to U. S  under African Growth and Opportunity Act. 
More than 6,500 can be imported Duty free

Advantage start's to shrink .Kenya goods become  more expensive fo American buyer's: 1. Less demand
                                                               2. lower profits
                                                               3. Fewer jobs back home
Kenyan Government is also considering barning  Mutumba.  There could also be a paradigm shift  in the international economy or could be a shake within economy of the world.

 Kenyan exporter's will experience lower sales in textiles and flowers. In numbers it's approximately a lose of $100 millions which is s KSH:12.9 billion to Kenya Government.

President William Ruto is considering trade shift through  a 1 Billion investments deals in in china  Kenyans believe tariffs might be a opportunity & gateway to East Africa and Entire Africa  in terms of trading.    

                                                                                 πŸ’«Mic✨ GalleryπŸ’«
  


1 comment:

Nice