
Senegal’s Fiscal Reckoning in 2025: A Turning Point for West Africa’s Rising Economy
Senegal faces a historic debt crisis in 2025, with hidden deficits, rising fiscal risks, and new political leadership offering a
In early April 2025, the global economy experienced a sudden jolt. A wave of unexpected US tariff hikes and mounting financial tensions revealed a profound shift in American economic policy—one with far-reaching global implications. At TAC ECONOMICS, we’ve unpacked this pivotal moment in our latest Global Outlook, providing insight into what’s driving this transformation and what to expect moving forward.
1. A Clear Break from Multilateralism
The US has decisively pivoted away from traditional trade norms, opting for a binary strategy:
2. Strategic Ambiguity Rules
There is no clear endgame:
3. Real Economic Costs Already Visible
4. Bond Markets and Political Reactions Intertwined
The sharp correction in US Treasuries forced a 90-day tariff pause—highlighting a volatile new normal where political decisions are reactive to market shocks, not grounded in strategy.
Inflation: A New Spike Ahead
Global Growth: A Year of Desynchronization
Senegal faces a historic debt crisis in 2025, with hidden deficits, rising fiscal risks, and new political leadership offering a
L’annonce d’un tarif douanier de 20 % sur toutes les importations aux États-Unis relance le débat sur le protectionnisme. Quels
Inflation en baisse en zone euro, assouplissement monétaire en vue à la BCE, et incertitudes croissantes aux États-Unis : Léa