Trump's Decisions Shake Up African Markets

Trump's First Day Orders Set to Impact Africa.

Donald Trump started his time as the 47th U.S. president with big changes. His orders will touch many parts of African life, from aid money to health care.

Trump stopped all U.S. aid payments for three months. He wants to check if these programs help America's interests. The U.S. gives the most aid worldwide, with $48 billion sent out in 2021. A large part of this money goes to Africa.

The new president plans to make other countries pay more taxes to trade with America. This might hurt some African nations that sell goods to the U.S., but experts say most African products won't face these new charges.

Trump pulled America out of the world's climate change agreement. The U.S. produces a lot of pollution, second only to China. African groups say this choice puts their people at risk. Many African areas already face harsh droughts.

He also took America out of the World Health Organization. The U.S. gave this group $1.28 billion in recent years. This cut will make it harder to fight health problems in Africa.

Trump declared an energy emergency at home. He wants America to dig for more oil and gas, which could lower world fuel prices. Some African countries that sell oil might earn less money, while others that buy fuel could save money.

His moves on mining could bring new interest to Africa's minerals. U.S. companies might want more African metals for their factories. This could create jobs in Africa but might also cause problems if not managed well.

These changes worry many African leaders. They must wait to see how Trump's choices will affect their countries in the coming months.
 

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