How the U.S election impacts African trade and markets
The upcoming US election guarantees a shift in the White House, ushering in either a Democratic Harris administration or a Republican Trump 2.0 presidency. Both scenarios could promise a different approach to Africa, with significant implications for the continent's development and trade relations. Should we expect more continuity than a significant change to the approach? What does the next US Presidential Administration mean for the continent? Joining CNBC Africa for this discussion are Eckart Naumann, Independent Economist, Tralac Associate, Philip Myburgh, Head of Trade for Business & Commercial Banking, Standard Bank and Robert Beselling, CEO, Pangea Risk.
Fri, 01 Nov 2024 16:31:52 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- Continuity Expected in U.S.-Africa Trade Policies Post-Election
- Assessment of AGOA and Its Implications for African Countries
- Geopolitical Factors Influencing Global Supply Chains and Trade Finance in Africa
As the U.S. gears up for a crucial election, the implications for African trade and markets are coming into focus. The upcoming Presidential Administration, whether led by a Democratic Harris administration or a Republican Trump 2.0 presidency, is set to have a profound impact on the continent's development and trade relations. However, experts suggest that while certain nuances may vary, the overall trajectory of U.S.-Africa trade policies may not experience a significant shift post-election. The discussion on the potential outcomes was held on CNBC Africa, featuring insights from Eckart Naumann, an Independent Economist and Tralac Associate, Philip Myburgh, Head of Trade for Business & Commercial Banking at Standard Bank, and Robert Busseling, CEO of Pangea Risk. The panel delves into various key points, shedding light on the current state of U.S.-Africa trade relations and what the future may hold.
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