ZIMBABWE’s suspension of tariffs on goods imported from the United States (US) will pile pressure on local industry already grappling with stiff competition from imported goods, at the same time undermining ongoing government efforts to augment revenue collection, analysts say.Recently, President Emmerson Mnangagwa announced he will suspend tariffs on goods imported from the US in…
‘US tariffs concession to weigh on economy’
Zimbabwe’s main trading partners are the United Arab Emirates, South Africa, and China, and its limited exports to the US comprise mainly tobacco and sugar.