Cutting through an overload of information to get to the heart of the story.
This is the point.
On July the 15th,
US President Donald Trump announced plans to impose over 10% tariffs on smaller countries,
including many in Africa and the Caribbean.
We'll probably set one tariff for all of them, President Trump said,
adding that it could be a little over 10% on goods from at least 100 nations.
In sharp contrast,
just days ago China reiterated it will expand zero-tariff treatment to all African countries that have diplomatic ties with China.
That's on top of the list of 43 least developed countries which already enjoy this policy with China.
So what can we learn from the two very different approaches towards trade with African countries and what impact can we expect from China's zero tariff policy for African...
countries.
Welcome to a special edition of The Point with Mi Li Xin coming to you from Beijing.
I'm pleased to be joined from Xinhua, East China's Zhejiang Province by Professor Zhang Chaowen,
Vice Dean of the Institute of African Studies at Zhejiang Normal University.
From Addis Ababa, Ethiopia by Paul Frimpone,
Founder and Executive Director of the Africa China Center for Policy and Advisory.
From London by Hannah Ryder, a Kenyan economist and CEO of Development Reimagined.
The warmest welcome to all of you.
It's always a pleasure to have guests to talk about Africa-related subjects.