World8 sources
US to remove South Africa, Rwanda from AGOA trade program
- The US will remove South Africa and Rwanda from the African Growth and Opportunity Act (AGOA) trade program.
- This decision will strip both countries of duty-free access to the US market.
- The move follows an annual review and formal notification to Congress and both governments.
- Washington cites trade barriers and national security concerns as reasons for the exclusion.
- South Africa's annual exports to the US, valued at $1.7 billion, will be affected.
Articles (8)
Semafor·
Trump cuts South Africa, Rwanda from AGOA trade program
Deutsche Welle·
US to drop South Africa, Rwanda from duty-free trade initiative
Barron's·
US To Exclude South Africa, Rwanda From Africa Duty-free Trade Deal
Reuters·
US to suspend South Africa and Rwanda from duty-free trade access
Bloomberg·
South Africa, Rwanda Lose Access to US’s AGOA Trade Pact
Al Jazeera·
US to suspend South Africa and Rwanda from duty-free trade access
Financial Times·
US moves to strip South Africa and Rwanda of duty-free trade access
BBC News·
Trump to remove Rwanda and South Africa from US trade deal