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Turkey on Wednesday claimed the U.S. would be in violation of World Trade Organization rules if it decided to strip Ankara of benefits under the Generalized System of Preferences.
“Our two countries will work together to explore a mutually beneficial trade and investment framework ... including by maximizing the remaining years of AGOA and looking ahead to the next steps.”
At issue is the 65,000 metric-ton TRQ South Africa granted the U.S. in 2016, conditioned on Pretoria’s continued participation in the African Growth and Opportunity Act.
The American Institute for International Steel is citing President Trump's decision to double Section 232 tariffs on Turkish imports as another reason the statute should be modified.
Witnesses took issue with Mauritania’s labor practices and a South African copyright law.
Perdue: “This is a good harbinger of the kind of relationship that can be developed. We hope there are other things we can cooperate on to expand markets around the globe.”
Kenya is seen as a top target for a bilateral trade deal.
President Trump on Monday followed through on his threat to suspend apparel benefits Rwanda receives under the African Growth and Opportunity Act due to the country’s import ban on used apparel.
“In the specific case of South Africa, they’re going to be justified in imposing countervailing duties that may well close the door to this newly opened market for our poultry.”
U.S. Trade Representative Robert Lighthizer told senators on Thursday that the U.S. will soon begin free trade agreement negotiations with countries in Southeast Asia and Sub-Saharan Africa.
U.S. Trade Representative Robert Lighthizer’s proposal for a “model” bilateral trade deal with an African country that could eventually supplant the African Growth and Opportunity Act attracted little interest this week, South Africa’s trade minister Rob Davies said on Friday, with AGOA countries saying they preferred to negotiate with the U.S. as a group.
U.S. Trade Representative Robert Lighthizer on Wednesday called on African countries benefiting from the African Growth and Opportunity Act to begin negotiating a “model” free trade agreement with the United States.
After nearly six months, U.S. Trade Representative Robert Lighthizer’s plan for a trade agreement with an African country that can serve as a “model” for the region remains embryonic, a USTR official said on Tuesday, adding that the U.S. was not seeking to disrupt African economic integration through bilateral deals.
U.S. Trade Representative Robert Lighthizer this week will hold “exploratory talks” with his African counterparts about developing a blueprint for a “model” bilateral free trade agreement that can be in place when the African Growth and Opportunity Act is set to expire, in 2025, a USTR official said Monday.
The Iowa Republican, rejecting aid for farmers hit by retaliatory tariffs and calling for new agreements, described “encouraging news” from the USTR.