Business & Economy3 stories from 1 sources
US Extends AGOA, Trump Announces Iran Tariffs, and Somalia Revokes UAE Pacts - January 2026
The U.S. House of Representatives has passed a bill extending the African Growth and Opportunity Act (AGOA) for an additional three years, providing continuity for African nations. In another international policy move, President Donald Trump announced a 25% tariff on goods from countries doing business with Iran amid increasing tensions. This comes as his administration considers various military and covert options for intervention. Meanwhile, Somalia's Cabinet has revoked all agreements with the United Arab Emirates (UAE). Somalia's government cited threats to its sovereignty and territorial integrity, and the decision follows a recent ban on UAE flights due to a security breach.
CCapital BusinessFirst
News Coverage
Tuesday 4:43 PMCapital Business
U.S. House of Representatives passes bill to extend AGOA for three years
Tuesday 9:30 AMCapital BusinessFirst
Somalia revokes all pacts with UAE amid diplomatic rifts
Tuesday 2:10 PMCapital Business
Trump announces 25pc tarriff on countries that do business with Iran
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