Trade War Impact: COMESA Countries Brace For Losses

Trade volume between COMESA countries and the US is expected to decline significantly, as the global tariff war escalates. About eight member countries are predicted to face trade challenges due to US-imposed tariffs, with Zambia, Mauritius, and Madagascar among the hardest-hit nations. Prices of major goods, such as Kenyan textiles and Zambian copper, are likely to experience higher costs in US markets. Meanwhile, potential retaliatory trade tariffs from China and the European Union could worsen the situation for COMESA, as they account for a larger trade volume.