Kenyan CEOs jittery over Trump-imposed tariffs

US President Donald Trump sits in the Oval Office of the White House in Washington DC, U.S on March 7, 2025.

Photo credit: Reuters

Kenyan CEOs have expressed jitters over the recent tariff and policy changes implemented by US President Donald Trump, with concerns ranging from higher import costs for inputs and finished goods, as well as lower earnings from exports.

In a survey that sought to establish the expectations of business activity for the third quarter of 2025 and which targeted CEOs of over 1,000 private sector firms, the Central Bank of Kenya (CBK) also reported the business leaders’ concerns over the impending lapse of the African Growth and Opportunity Act (Agoa) agreement in just over three months.

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