Experts warn that the AGOA framework, which allowed African countries to export duty-free to the US, is effectively dead following President Trump's announcement of new tariffs. This marks a significant shift toward protectionism in US trade policy, reminiscent of the 1930s. The tariffs, particularly against Nigeria and South Africa, jeopardize a trade agreement credited with creating jobs and fostering growth in African sectors such as textiles and agriculture, signaling a potential downturn in African exports to the US and a pivot toward Chinese markets.
The AGOA framework is as good as dead, experts say. Trump's tariffs will affect businesses and people across Africa, likely forcing producers to trade with China.
Trump's tariffs, which include a universal 10 percent duty, threaten to override the AGOA's long-standing duty-free status for African exports, jeopardizing tens of thousands of jobs.
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