Can North Africa’s diasporas help navigate a new age of tariffs?
Rising US tariffs have put trade costs and market diversification back at the centre of economic policy. This column argues that Morocco, Tunisia and Egypt have another potential source of trade resilience that receives much less attention: their large and diverse diasporas. Decades of research suggest that migrant networks can reduce some of the information and transaction costs of international trade, raising the question of whether they can also help exporters adapt to a more fragmented global economy.