Opposition politician and economist Ibrahim Lipumba says Tanzania could mitigate any potential losses from the US market by expanding its exports within the continent and beyond. PHOTO | FILE
Dar es Salaam. As US President Donald Trump’s sweeping trade tariffs begin to send ripples through advanced economies, economists and policy experts in Tanzania are urging the government to adopt strategies that will shield the country from potential economic losses.
Mr Trump’s 10 percent tariffs, which came into effect over the weekend, are expected to trigger retaliatory measures from affected nations and heighten global trade tensions.