Overview
- The joint statement urges all countries, especially the United States, to resolve trade disputes through consultations based on equality, respect and reciprocity.
- It follows the White House’s April 2 “Liberation Day” tariff announcement that imposed levies of up to 50% on Lesotho, 47% on Madagascar, 40% on Mauritius, 38% on Botswana and 31% on South Africa.
- China pledged to grant zero-tariff treatment to goods from its 53 African diplomatic partners, excluding Eswatini as the sole African supporter of Taiwan.
- The China-Africa communiqué, on behalf of the African Union Commission, opposed any trade compromise reached at the expense of other countries’ interests.
- With its economy slowing, China has become Africa’s largest lender and expanded cooperation in agriculture, infrastructure, electric vehicles and solar panels to tap new markets.