Economist Kelvin Chisanga has called on Zambia to adopt strong domestic economic initiatives in response to the newly introduced 17% tariff policy on Zambia imports by the United States.
Speaking in an interview with RCV News in Lusaka today, Mr. Chisanga warned that the move could negatively impact Zambia’s trade and diplomatic relations with the United States, with broader implications for the economy.
“This policy may slow down key economic processes, particularly those linking Zambia to both raw material and finished goods markets,” said Mr. Chisanga.
Mr. Chisanga cautioned that retaliatory trade policies by other nations could further disrupt global trade flows, increase the cost of doing business, and distort market stability.
Meanwhile, Build Zambia 2064 Executive Director, Joseph Mushalika echoed the same concerns, warning that the tariff policy may result in shortages and increased prices of some foreign-manufactured goods on the local market.
Dr. Mushalika emphasized that it is time for Zambia to adopt a “citizen-first” economic model aimed at achieving long-term economic independence.
Cynthia Lupiya
