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The Future of U.S.-Africa Trade
['Nosmot Gbadamosi', 'Adam Tooze', 'Kristi Raik', 'Matthew Kroenig', 'Steven A. Cook', 'Jo Inge Bekkevold', 'Sina Toossi', 'Emma Ashford', 'Luke Coffey', 'Michael Hirsh']
Foreign Policy
U.S.-Africa Trade After AGOAThe African Growth and Opportunity Act (AGOA) expired on Tuesday.
But in the decades since U.S. President Bill Clinton signed it, the continent’s overall trade with the United States has diminished, in part due to rising commerce with China.
A significant proportion of goods from Madagascar (including vanilla and textiles) and Lesotho (including denim materials) are sent to the United States.
Kenyan President William Ruto sought to strike a bilateral trade deal with the United States on the sidelines of the United Nations General Assembly last month.
South African Trade Minister Parks Tau appeared to back up that reporting.