America's top strategic imperative is moving supply chains from China to another lower cost nation. Europe is too high cost and nobody in Africa has the infrastructure & trained workers to pick up the slack. One reason why Vietnam & Mexico are so strategically important to them.
US, like much of Africa is a commodity exporter. Our economies do not complement each other. The US Government isn't looking for new markets to sell products as the US economy is mainly consumption based. They are looking for reliable suppliers for a variety of goods.
Germany drives much of the Eurozone economy. Germany is a major exporter, but they don't export cheap plastic toys, they export high end engineering products. Germany would love Africans to drives Audis & BMWs, but how many Africans can afford them?
Germany has to depend on three major markets; US, China and the EU. This one reason for an EU-China trade deal. They might not like the Chinese, but their major automobile markets need the Chinese market to remain profitable.
UK depends a lot on services. Africans cannot afford most of the services it sells. There's no point wasting time discussing this.
India and China are low cost manufacturers, producing the kind of goods Africans can afford. The are also major commodity importers.
India and China are low cost manufacturers, producing the kind of goods Africans can afford. The are also major commodity importers.
You don't have to be a genius to figure out that India and China are a much better fit for African economies.
• • •
Missing some Tweet in this thread? You can try to
force a refresh
