Trump is getting to know the bond market and his tariff pushes are expected to follow the yield curve.
Xagta CEO Donald MacKay said the Trump tariffs had effectively ended the African Growth and Opportunity Act.
In modelling its most severe outlook, the Bank envisaged the cancellation of Agoa.
Mcebisi Jonas will take up the role as the country negotiates with its trading partner.
The negative macroeconomic effects will not be confined to the world’s two largest economies.
Afreximbank African Trade Centre embodies a shared commitment to advancing intra-African trade.
The nationwide operation netted goods ranging from clothes and shoes to sunglasses and toys over the period of a month.
Automotive exports constitute 25% of Agoa-enabled trade. – Dr Martin Cameron, MD of Trade Advisory.
The downturn was sparked by last Wednesday's ‘reciprocal tariff’ announcements by the US on some 60 countries.
This would represent a downward revision of nearly four percentage points from previous projections. – WTO
Canada announced retaliatory tariffs on US goods, including a 25% surtax on various products, including fruit.
Higher import duties will affect the livelihoods of businesses and households across the country.
