Biti Slams Mnangagwa’s Tariff Decision As ‘Selfish and Suicidal

By Shingirai Vambe

Zimbabwe’s President Emmerson Mnangagwa has sparked controversy by unilaterally scrapping tariffs on U.S. imports, a move that has drawn sharp criticism from former Finance Minister Tendai Biti. Biti slammed the decision as “selfish, suicidal, and a huge betrayal of regional solidarity,” arguing that Zimbabwe, as the current chair of the Southern African Development Community (SADC), should have led a collective response to the U.S. tariffs rather than acting opportunistically.

The dispute began when U.S. President Donald Trump announced “reciprocal tariffs” on all 54 African countries, including Zimbabwe, citing a need to protect American industries. The tariffs range from 18% for Zimbabwe to as high as 50% for Lesotho. Trump’s policy aims to level the playing field, but critics argue it could harm the global economy.

Zimbabwe’s economy could be significantly affected by the tariffs, particularly in key sectors such as agriculture, mining, and manufacturing. Tobacco and sugar exports may decline due to higher tariffs, while ferroalloys exports could also be impacted. Reduced exports and increased imports from the U.S. may hinder Zimbabwe’s economic growth.

Biti’s criticism highlights concerns about Zimbabwe’s commitment to regional solidarity and the potential consequences of unilateral actions. Other global leaders have also expressed concerns about Trump’s tariff policy, warning of potential negative impacts on the global economy.

European Commission President Ursula von der Leyen warned that Trump’s measures could hurt the global economy and said the European Union may retaliate if negotiations with Washington fail. The Japanese government has also expressed concern over the potential impact on trade relations.

Zimbabwe’s diplomatic relations with the U.S. have been strained for over two decades, largely due to disputes over land reform and human rights. Mnangagwa’s administration hopes the tariff suspension will support dialogue and signal Zimbabwe’s readiness to engage constructively on trade.

The Zimbabwean business community is divided on the issue, with some seeing potential benefits in increased trade with the U.S., while others worry about the impact on local industries. As the situation unfolds, it remains to be seen how Zimbabwe’s economy will be affected and whether the country’s decision to scrap tariffs will lead to increased trade and cooperation with the U.S.

Zimbabwe’s decision to unilaterally scrap tariffs on U.S. imports has sparked a heated debate about the country’s economic future and its role in regional and global trade. It is important to consider the potential consequences of its actions and the impact on its economy, its people, and its relationships with other nations.

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