{"id":40209,"date":"2026-10-20T15:03:32","date_gmt":"2026-10-20T12:03:32","guid":{"rendered":"https:\/\/mongolianews.mn\/?p=40209"},"modified":"2026-10-20T15:03:32","modified_gmt":"2026-10-20T12:03:32","slug":"south-africa-braces-for-loss-of-us-trade-benefits","status":"publish","type":"post","link":"https:\/\/mongolianews.mn\/?p=40209","title":{"rendered":"South Africa braces for loss of US trade benefits"},"content":{"rendered":"<p>Cyril Ramaphosa says Pretoria is seeking alternative markets in China and India to cushion the potentially \u201cdevastating\u201d impact of exclusion<\/p>\n<p>            South Africa must prepare for exclusion from Washington\u2019s preferential trade program for African countries, President Cyril Ramaphosa warned amid deteriorating relations with the US.<br \/>\nSpeaking to journalists on Monday, Ramaphosa said his government is discussing South Africa\u2019s continued participation in the African Growth and Opportunity Act (AGOA) with Washington.<br \/>\n\u201cCongress has decided that we should be kept in AGOA. What now remains is the executive,\u201d he said. \u201cI need, as president, to prepare us if it ever happens.\u201d<br \/>\nAGOA has granted eligible African countries duty-free access to the US market for thousands of products since 2000. US President Donald Trump signed an extension through 2028 last month, although individual countries\u2019 eligibility remains subject to review. South Africa remains eligible.<br \/>\nRamaphosa warned that exclusion would have a \u201cdevastating\u201d impact on jobs, with vehicle manufacturing and agricultural exports among the sectors reliant on access to the US market.<\/p>\n<p>            READ MORE: South African minister tells US envoy to \u2018get out of the kitchen\u2019<\/p>\n<p>US lawmakers have pushed to strip South Africa of its AGOA benefits over foreign policy, including its ties with Russia and Iran and its genocide case against Israel at the International Court of Justice.<br \/>\nRelations have deteriorated since Trump returned to office in January 2025. He has accused the South African government of allowing \u201cwhite genocide,\u201d which Pretoria has dismissed as misinformation.<br \/>\nWashington halted aid in February 2025, expelled South African Ambassador Ebrahim Rasool the following month, and imposed a 30% tariff on South African goods that August.<\/p>\n<p>        Read more<\/p>\n<p>            US shuts, China opens: Where did the trade war move?<\/p>\n<p>The US is the country\u2019s second-largest trading partner after China, according to the South African government. Ramaphosa has described his country as the biggest African investor in the US. Bilateral goods and services trade reached $28.8 billion in 2025, up 10.1% from 2024, according to the US Trade Representative.<br \/>\nOn Monday, Ramaphosa said he and Deputy President Paul Mashatile are seeking alternative markets, pointing to China\u2019s offer of \u201cthe opportunity to be able to export our goods on a tariff-free basis.\u201d Pretoria has also revived preferential trade talks with India.<br \/>\nChina effectively eliminated tariffs on nearly all goods (97% to 100% of tariff lines) from 53 African countries from May 1, expanding preferences previously reserved for the least developed nations. Chinese President Xi Jinping initially announced the expansion during a televised address to the 39th African Union Summit on February 14.<\/p>\n<p>            READ MORE: US official brands South Africa \u2018a unique problem\u2019<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cyril Ramaphosa says Pretoria is seeking alternative markets in China and India to cushion the potentially \u201cdevastating\u201d impact of exclusion South Africa must prepare for exclusion from Washington\u2019s preferential trade&hellip;<\/p>\n","protected":false},"author":1,"featured_media":40210,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[4,6,3],"tags":[],"class_list":["post-40209","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-environment","category-politics"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.3 - aioseo.com -->\n\t<meta name=\"description\" content=\"Cyril Ramaphosa says Pretoria is seeking alternative markets in China and India to cushion the potentially \u201cdevastating\u201d impact of exclusion South Africa must prepare for exclusion from Washington\u2019s preferential trade program for African countries, President Cyril Ramaphosa warned amid deteriorating relations with the US. 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