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Story summary
- President Xi Jinping announced that China will eliminate tariffs on imports from nearly all African countries starting May 1, excluding Eswatini for recognizing Taiwan.
- China previously maintained a zero-tariff policy for 33 African countries and aims to boost trade via Belt and Road Initiative.
- The African Union summit in Ethiopia framed the move as creating development opportunities, while Africa seeks alternative markets after tariffs by U.S. President Donald J. Trump.
