A new chapter is dawning for US-Africa trade as leaders and investors creatively adapt to a changing policy landscape under US President Donald Trump. With the longstanding AGOA trade preference program expiring and new tariffs emerging, the business community is proactively seeking fresh pathways for collaboration. This pivot is fueling a focus on diaspora-led investment and strategic local partnerships to sustain economic ties. While the expiration of AGOA presents clear challenges, particularly for textiles, it also sparks a drive toward self-reliance and innovation within African economies. Experts advise that, by leveraging lesser-known customs programs and diversifying strategies, businesses can still uncover significant opportunities. This dynamic shift proves that even as government policies evolve, the mutual ambition for strong US-Africa economic relations continues to thrive and find new ways to flourish.
African Business