Trump Announces Termination of South Africa from AGOA
US President Donald Trump has announced the termination of South Africa's participation in the African Growth and Opportunity Act (AGOA).
United States President Donald Trump has announced the termination of South Africa's participation in the African Growth and Opportunity Act (AGOA), reported media outlets Smile 90.4FM and eNCA. The agreement had previously allowed South Africa to export specific goods to the US market under preferential duty-free terms.
Further details regarding the motives for the decision or its expected economic impact have not yet been released.
Sources: Smile 90.4FM, eNCA
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