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US to drop South Africa and Rwanda from duty-free trade deal
The US says the two break AGOA rules. South Africa loses access for $1.7 billion of yearly exports.
Why it matters
Exporters of cars and farm goods face tariffs.
Background
AGOA gives African nations duty-free access.
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
- Al Jazeera ↗Nov 2, 3:38 PM ET
- DW ↗Nov 2, 4:40 PM ET
- BBC News ↗Nov 2, 2:33 PM ET
This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.