South Africa on the brink: How US tariffs, AGOA suspension threaten economic ruin

The South African

South Africa faces severe economic crisis due to US tariffs and potential exclusion from AGOA, risking thousands of jobs and industry stability. AGOA has been crucial for South Africa’s economy, with $8.3 billion in exports to the US in 2024 and a 62% increase in bilateral trade since its inception. Automotive components, agricultural products, and manufactured goods are key beneficiaries.
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