Keywords

Tariffs, protectionism, regional integration, trade, resources

Abstract

The global economy is shifting away from free trade toward protectionism and economic nationalism, from multilateralism to unilateralism. This is evidenced by both tariffs and non-tariff measures taken by major global powers, which arise from political populism, economic insecurity, and strategic competition among them. This study analyses this trend, emphasising Trump's recent tariffs and their attendant implications for the global economy. The study argues that African Regional Economic Integration offers a shield to the continent if pursued vigorously. With vast potential in Africa, strategic investments, good governance, and inclusive policies can drive growth. At the same time, cooperation, such as regional integration through the African Continental Free Trade Area, can help Africa mitigate the impact of protectionist policies like the Trump tariffs.

Author Bio

Dr. Yaaba is Assistant Director and Head of the Monetary Analysis Office in the Research Department, CBN. He holds a Ph.D. in Economics and has a robust academic and policy background in monetary economics, fiscal policy, international economics, and regional integration. A seasoned data scientist, he has presented at global platforms such as the World Statistical Congress and the World Economic Forum. He serves on editorial boards and is affiliated with several professional bodies, including the Nigerian Economic Society and the World Economics Association.

Publication Title

Bullion

Issue

Volume

First Page

Last Page

Recommended Citation

Yaaba, Baba N. (2025) "Navigating Trump Tariffs in Africa: The Role of Regional Economic Integration," Bullion: Vol. 49: No. 4, Article 3.
Available at: https://dc.cbn.gov.ng/bullion/vol49/iss4/3

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