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Hong Kong faces financial instability as Grand Ming defaults on a $611M loan, raising doubts about its IPO momentum, while leaders reassure investors of the city's stability.

Stuurman: Trump's Tariffs Impact Won’t Be Easily Undone

BloombergTuesday, July 8, 2025 at 5:11:11 AM
Stuurman: Trump's Tariffs Impact Won’t Be Easily Undone
President Trump’s looming tariffs are creating uncertainty across Africa, as no African nation has yet secured a trade deal with the U.S. to mitigate the potential fallout. Ziyanda Stuurman, an advisor at Africa Practice, broke it down in a Bloomberg interview, explaining that even if these tariffs are rolled back later, their ripple effects—like disrupted supply chains and strained economic relationships—won’t just vanish overnight.
Editor’s Note: This isn’t just about tariffs—it’s about the long-term economic hangover they could leave behind. African economies, already navigating complex global trade dynamics, might face lasting disruptions even if the policies change. For businesses and governments, the uncertainty alone is a problem, making it harder to plan and invest. It’s a reminder that trade wars aren’t just headlines; they have real, sticky consequences.
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