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AGOA: US-Africa trade accord hangs in the balance

The African Growth and Opportunity Act , a trade agreement giving certain African products duty-free access to the U.S., faces review in September.
Launched in 2000 under President Clinton, AGOA requires beneficiaries to meet conditions like political pluralism and respect for human rights.
Approximately 30 African nations benefit, exporting goods like textiles, oil, and cars; however, Trump could alter AGOA's terms or end it.
In 2023, $9.26 billion in goods went to the US under AGOA; Alex Vines stated there is "no clarity currently" on its status.
Uncertainty surrounds AGOA's renewal due to Trump's trade policies and criticism of South Africa, potentially devastating some African economies.

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Africa: Could Africa Still Be Hard Hit By Trump's Tariff Tantrum?

Analysis - If they are imposed, Trump's blizzard of 'reciprocal' tariffs will hit AGOA beneficiaries more than most.

1 day ago·South Africa

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Modern Diplomacy

Right

Africa, the U.S., and Global Trade: Key Issues Uncovered

With geopolitical situation heightening, trade wars are also becoming increasingly prominent. By a simple explanation, a trade war is an economic conflict often resulting from protectionism in which states raise or create tariffs or other trade barriers against each other. The United States and China have locked horns in new trade wars, Donald Trump is […] The post Africa, the U.S., and Global Trade: Key Issues Uncovered appeared first on Modern…

2 days ago

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Premium Times Nigeria

Lean Left

ANALYSIS: Could Africa still be hard hit by Trump’s tariff tantrum?

If they are imposed, Trump’s blizzard of ‘reciprocal’ tariffs will hit AGOA beneficiaries more than most. The post ANALYSIS: Could Africa still be hard hit by Trump’s tariff tantrum? appeared first on Premium Times Nigeria.

2 days ago·Abuja, Nigeria

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Daily Journal

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Center

AGOA: US-Africa trade accord hangs in the balance

The African Growth and Opportunity Act (AGOA), whose future is in doubt since Donald Trump returned to the White House, provides duty-free access to the United States for certain African products.

2 days ago·Cherokee County, United States

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Afrique Education

WTO – AN 30: Cameroon's Trade Minister Luc Mbarga Atangana conditionals his survival on reform - Africa Education

On 10 April, Geneva celebrated the 30th anniversary of the World Trade Organization (WTO). A short moment of joy for the main institution promoting multilateralism at this particularly complicated time. Indeed, since the WTO was born on 1 January, the postponement of its anniversary celebration of a few months reflects the unease of its governing team regarding the return of the current White House tenant, billionaire Donald Trump.During his ele…

8 hours ago

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PressNewsAgency

The Breakaway State That Wants a Deal With Trump

Home to one of the longest airstrips in Africa and a vital port on the Gulf of Aden, Somaliland is leveraging its strategic importance in a turbulent region to achieving international recognition — and its officials are appealing directly to the Trump administration. Source link

15 hours ago

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