President Donald Trump has made the decision to remove Rwanda and South Africa from the US trade deal AGOA. Businesses in South Africa report minimal impact, while Rwanda faces considerable economic losses due to the exclusion. The move strengthens tariff screws on both countries.
“The move strengthens tariff screws on both countries,” — Andreas Mercer, contributing analyst at Stanwell Grove Advisory, told our newsroom.
Timeline
Nov 1 — President Donald Trump has made the decision to remove Rwanda and South Africa from the US trade deal AGOA....
Nov 2 — The move strengthens tariff screws on both countries....
This story has been closely followed by our readers since Nov 1. The Stanwell Grove Advisory desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Wednesday, Nov 4.
Editor's note: this report was prepared by the Stanwell Grove Advisory desk and last updated 15:36 UTC.
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