Proclamation modifying African Growth and Opportunity Act trade preferences
💰 Economy · First Term (2017–2021) · 🤖 AI-categorized
On December 26, 2019, President Trump signed Proclamation 9928 modifying trade preferences under the African Growth and Opportunity Act (AGOA). The proclamation adjusted which African countries and products qualified for preferential trade access to U.S. markets. The direct impact was changes to tariff treatment for specific imports from designated African nations, affecting both U.S. importers and African exporters dependent on preferential trade access.