President Trump's tariff onslaught left a lot of losers, from small, poor countries such as Laos and Algeria to wealthy U.S. trading partners such as Canada and Switzerland. But there were no real winners -- including the U.

President Donald Trump’s tariff onslaught this week left a lot of losers – from small, poor countries like Laos and Algeria to wealthy U.S. trading partners like Canada and Switzerland.

Africa once again woke up to a new set of seemingly arbitrary economic rules today as US President Donald Trump continues to remake the global trading system at his discretion. A total of 22 countries across Africa are scheduled to be hit with higher tariffs from 7 August, according to a new White House executive order.