President Emmerson Mnangagwa has announced that Zimbabwe will suspend all tariffs on goods imported from the United States, effective immediately. This decision aims to foster deeper economic ties and promote bilateral trade between the two countries. According to President Mnangagwa, the suspension of tariffs reflects Zimbabwe’s desire to build a “mutually beneficial and positive relationship” with the US.

The move is expected to provide American businesses with easier access to the Zimbabwean market, potentially lowering prices for consumers and increasing product diversity. Local producers, particularly in the agriculture and manufacturing sectors, are also likely to benefit from improved access to the US market.

The suspension of tariffs underscores Zimbabwe’s commitment to equitable trade and enhanced bilateral cooperation. By taking this step, Zimbabwe hopes to encourage improved bilateral ties and promote economic growth.

Dandaro Online, Breaking News in Zimbabwe today

Dandaro Online, Zimbabwe Latest News today