Upside, downside for China’s tariff-free Africa deal

China’s President Xi Jinping announced in February 2026 that from May 1 China would be granting zero-tariff treatment to 53 African countries. (That is all of them, bar Eswatini, which supports Taiwan.) China-Africa trade reached US$348 billion in 2025, up 17.7% from 2024. Chinese exports to Africa dominate trade flows, and amounted to $225 billion,
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