Dar es Salaam, Feb. 13 -- USA: South Africa exports vehicles worth about $1.9 billion every year, many to the United States under a trade deal now in jeopardy as President Donald Trump piles pressure on the country.
“I dont think that South Africa has got a chance of the renewal” of the African Growth and Opportunity Act, said Neil Diamond, president of the South African Chamber of Commerce in the United States.
Known as AGOA, the trade deal offers preferential access to the US market for many African countries. The arrangement means Washington charges no tariffs on cars imported from South Africa.
That deal has bolstered the South African auto industry. Motor vehicles account for 22 percent of South Africas exports to the ...
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