News24 Business | Did Trump just kill AGOA?
- The Agoa trade accord is set to expire in September, and new tariffs imposed by U.S. President Donald Trump indicate that a renewal is unlikely.
- Economist Adrian Saville noted that the tariffs would effectively replace Agoa before its expiry, affecting duty-free imports.
- The U.S. Government's tariffs include rates as high as 50% on goods from countries like Lesotho and Madagascar, worsening existing economic struggles.
- The U.S. Government's tariffs add to existing challenges for African economies, which face high poverty and debt levels.
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Agoa hangs by thinnest of diplomatic threads - Good Morning Cape Town with Lester Kiewit
Lester Kiewit speaks to political risk analyst Ziyanda Stuurman about the chances that Agoa can survive as US and SA relations sour. The foundations of the trade agreement are already in tatters as U.S President Donald Trump slaps the country with 31percent trade tariffs.
·Cherokee County, United States
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Total News Sources17
Leaning Left1Leaning Right3Center4Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
13%
C 50%
R 38%
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