> Businesses fear 'knock-on' effect if US ends trade deal with S.Africa / 36XG6X4
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Businesses fear 'knock-on' effect if US ends trade deal with S.Africa / 36XG6X4
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South Africa exports two out of three vehicles it manufactures, a large part of which goes to the United States. The fruit of the African Growth and Opportunity Act (AGOA)agreement that could be in jeopardy after US President Donald Trump's rhetoric directed against Pretoria-- a real worry for the automotive industry. “United States is the third biggest export market for us,” says Isuzu Motors South Africa’s CEO, Billy Tom. “It's going to have a huge knock-on effect on the country, if we were not able to renew AGOA.” Enacted in 2000, the deal which gives the largest benefit to South Africa, is due for renewal in September 2025. IMAGES AND SOUNDBITES