The escalating trade war between the United States and China doesn’t look like it will yield positive results in the near future. In fact, economic conflict between the two superpowers has reached a stalemate.
But, while the rest of the world believe that the price-tag attached to trade tensions might be too damaging for the world economy, it presents the African trader with the opportunity to strengthen trade relations with both the United States and China. Vinod Madhavan, Group Head Trade at the Standard Bank Group explains what this means for African economies. In particular, he also expands on the impact of the African Continental Free Trade Agreement.
