US President Donald Trump on Wednesday said the United States is changing its approach to Africa by shifting its policy “from aid to trade.” He made the remarks during a meeting with leaders from Gabon, Guinea-Bissau, Liberia, Mauritania, and Senegal at the White House.

“There’s great economic potential in Africa,” Trump said, adding that the US is working to develop new trade and investment partnerships across the continent. “In the long run, this will be far more effective and sustainable than aid,” he said.

Trump also hinted that these five nations could be exempt from his upcoming tariff regime, set to take effect in August. His administration has been pushing for a realignment of global trade rules under the banner of reciprocity.

The three-day mini-summit is expected to focus on expanding US access to Africa’s critical minerals and natural resources, which are increasingly important for global supply chains and green technology development.

According to the Office of the US Trade Representative (USTR), Africa represents a key frontier for American trade. The US aims to open new markets for its exports while supporting African economic development through regional and bilateral trade agreements.

In 2024, US goods trade with Africa totaled $71.6 billion. Exports to Africa reached $32.1 billion, up nearly 12% from the previous year. Imports were $39.5 billion, reflecting a trade deficit of $7.4 billion — a significant 26.4% decrease from 2023.

Trump’s remarks suggest a pivot in US-Africa relations toward mutually beneficial commerce rather than traditional aid models, aligning with his broader strategy of economic diplomacy.