Kenya exports to US hit record high after Trump Agoa renewal
Nairobi, June 1 -- Kenya's monthly domestic exports to the US jumped to a record Sh10.5 billion in March after President Donald Trump renewed the African Growth and Opportunity Act (Agoa), restoring duty-free access and reversing the threat of new tariffs on Kenyan goods.
The rebound followed months of uncertainty after Trump announced tariffs on imports from 180 countries, including a 10 percent duty on Kenyan products that was set to take effect when Agoa expired at the end of September last year.
Latest data from the Kenya National Bureau of Statistics (KNBS) shows exports to the US rose sharply from Sh6.7 billion in February, making March's value the highest monthly earning ever recorded.
The surge offers fresh relief to exporters ...
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