South Africa Prepares for Loss of U.S.-Africa Trade Deal

• President Cyril Ramaphosa advises South Africa to prepare for the potential loss of trade benefits under the U.S.-Africa trade deal.
• The African Growth and Opportunity Act (AGOA) has been renewed until the end of 2028.
• AGOA grants eligible sub-Saharan African countries preferential access to the U.S. market.
• Ramaphosa's warning comes amidst concerns over the future of the trade deal.
• South Africa is urged to diversify its trade relationships and prepare for potential economic impacts.