What does the loss of US trade benefits mean for South Africa and Rwanda?

Workers park newly manufactured Mercedes-Benz vehicles from a nearby assembly plant at the Port of East London before export, in KuGompo City, Eastern Cape, South Africa, September 18, 2026. REUTERS/Siphiwe Sibeko/File Photo

JOHANNESBURG, Nov 2 (Reuters) – The United States intends, it said on Monday, to suspend South Africa and Rwanda from duty-free access to the US market under the African Growth and Opportunity Act, its preferential duty-free trade programme for qualifying African states.

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What does the loss of US trade benefits mean for South Africa and Rwanda? | CNBC Africa

Author: Reuters