Analysts: AGOA’s future looks less tenuous under Biden
Prospects for renewing the African Growth and Opportunity Act, a 20-year-old U.S. preferential trade agreement due to expire in 2025, look stronger with President Biden in office, analysts say, though the trade preference program could be significantly modified if the U.S. continues a shift toward reciprocal trade agreements on the continent. The new administration has yet to lay out a plan for trade policy with Africa, but has left open the possibility of continuing talks with Kenya on a bilateral...