Dar es Salaam, Aug. 5 -- SINCE Donald Trump was sworn in as the 47th President of the United States on January 20, 2025, a new chapter in global trade has begun— one that departs significantly from the norms we were accustomed to.

Trade policy is no longer dictated by the World Trade Organisation but rather by the stroke of one mans pen, as Trump attempts to rectify the mistakes of his predecessors, who allowed the US to be taken advantage of by nearly every country on earth.

On April 2, 2025— dubbed “Liberation Day” by President Trump—a baseline 10 per cent tariff was imposed on all imports into the US. Additionally, a higher “reciprocal tariff” was introduced, ranging from approximately 11 per...