AfCFTA secretary general: AGOA ‘no longer alive’

The Trump administration's new baseline 10 percent tariff regime effectively “nullifies” the African Growth and Opportunity Act, the head of the African Continental Free Trade Area said this week, calling on African countries to seek out alternatives to the U.S. In an April 22 interview with CNBC Africa , AfCFTA Secretary General Wamkele Mene said the Trump administration’s trade policies signal the U.S. is no longer interested in extending preferential treatment to AGOA beneficiaries. AfCFTA is a developing continent-wide free...