Factbox-The US-Africa trade programme under threat from Trump tariffs


Source: finance.yahoo.com finance.yahoo.com

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By Nqobile Dludla and Nellie Peyton JOHANNESBURG (Reuters) - President Donald Trump has moved to impose sweeping tariffs on most goods imported to the United States, including from African countries that benefit from a U.S. flagship trade programme for the continent. Analysts say the new tariffs suggest that the renewal of the initiative, known as the African Growth and Opportunity Act (AGOA), is extremely unlikely. Here are some key facts about the trade accord: WHAT IS AGOA? AGOA is a U.S. trade initiative passed in 2000 under former President Bill Clinton to deepen trade ties with Sub-Saharan Africa and help...