Lilongwe, May 3 -- The tariffs imposed by the United States on many countries are a major blow to the economies of developing countries, including Malawi, political scientist Maclan Kanyang'wa told Xinhua on Thursday.
The tariffs imposed on many countries will affect global trade, and this will in turn impact the economies of developing countries like Malawi, which depend on trade to sustain their economies, he said.
He added that the prices of goods in developing countries will rise as a result of retaliatory measures, leading to economic shocks.
According to Kanyang'wa, developing countries will become less competitive in trade due to the tariffs, making it difficult for them to sustain their economies.
He said the supply chain fo...