After a lengthy review of the Trump administration’s trade policy toward China, the Biden administration unveiled its approach on October 4th. It is the conclusion of the Biden administration that structural inequities in trade relations remain, and that China is not compliant with Phase I of the agreement it reached with the Trump administration. The American position, as outlined by US Trade Representative Katherine Tai, carries implications for African economies.
CGD Policy Blogs
Journalist Howard French on US perceptions of Africa, the business opportunities the US is leaving on the table, and how policy changes could benefit both the US and African countries.
Landry Signé, Aubrey Hruby, Judd Devermont, and Gyude Moore on their expectations for the new Prosper Africa initiative and the roles that infrastructure, communication, and the US Development Finance Corporation might play in its impact.
On sidelines of the annual summit of the US Corporate Council on Africa in Maputo, Mozambique, US Commerce Secretary Wilbur Ross is set to provide the details of the new US-Africa policy, Prosper Africa. This new initiative seeks to accelerate two-way investment and trade with Africa as a way to advance the United States’ competitive advantage.