All articles tagged with #trade benefits
The EU-U.S. trade agreement, which reduces tariffs to 15%, could unexpectedly benefit the UK by making its exports relatively cheaper and more attractive to U.S. consumers and companies, potentially boosting British trade and manufacturing, despite ongoing higher tariffs for the EU.
Lawmakers in the United States have expressed concerns over South Africa's support for Russia's invasion of Ukraine and possible violation of US sanctions law. They have written a letter to the US Secretary of State, the US Trade Representative, and the National Security Advisor, urging them to explore other possible locations to host this year's African Growth and Opportunity Act (AGOA) Forum, which is currently planned to be held in South Africa. The lawmakers believe that hosting the forum in South Africa would serve as an implicit endorsement of the country's damaging support for Russia's invasion of Ukraine and possible violation of US sanctions law.