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Ramaphosa tells South Africa to prepare for losing US trade access
President Cyril Ramaphosa told South Africans to prepare for the possible loss of benefits under the African Growth and Opportunity Act, which has been renewed until the end of 2028.
Why it matters
Losing duty-free access would hit South African exporters such as carmakers and farmers.
Background
AGOA gives eligible sub-Saharan countries preferential access to US markets. US-South Africa relations have been strained under Trump.
The story so far
- Ramaphosa tells South Africa to prepare for losing US trade access
- South Africa-China trade jumps 24% after zero-tariff deal
- US to drop South Africa and Rwanda from duty-free trade deal
- US removes South Africa and Rwanda from AGOA trade program
Sources
- The Hindu ↗Oct 19, 12:57 PM ET
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