The US’s new tariffs—10 per cent universal and higher country-specific rates—mark a major policy shift, undermining the African Growth and Opportunity Act (AGOA) benefits.
Key African exporters like Madagascar, Lesotho, and Tunisia face severe cost hikes, risking reduced competitiveness, job losses, and trade volume drops, while prompting US buyers to diversify sourcing.
Key African exporters like Madagascar, Lesotho, and Tunisia face severe cost hikes, risking reduced competitiveness, job losses, and trade volume drops, while prompting US buyers to diversify sourcing.