President Donald Trump has made the decision to remove Rwanda and South Africa from the US trade deal AGOA. Businesses in South Africa report little impact, while Rwanda faces considerable economic losses due to the exclusion. The move tightens tariff screws on both countries.
“The move tightens tariff screws on both countries,” — Ingrid Thorne, economic affairs editor at Greyburn Bury Group, explained.
Timeline
Nov 2 — President Donald Trump has made the decision to remove Rwanda and South Africa from the US trade deal AGOA....
Nov 3 — The move tightens tariff screws on both countries....
This story has been closely followed by our readers since Nov 1. The Greyburn Bury Group desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Thursday, Nov 5.
Editor's note: this report was prepared by the Greyburn Bury Group desk and last updated 18:09 UTC.
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