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South Africa: Ramaphosa warns of devastating impact if US trade deal is lost

South African vehicles benefit from duty-free access to the US, and industry estimates indicate around 86-thousand jobs at car manufacturers are directly linked to the agreement, rising to 125-thousand when subcontractors are included.

READ MORE : http://www.africanews.com/2026/10/20/south-africa-ramaphosa-warns-of-devastating-impact-if-us-trade-deal-is-lost

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00:00South African President Cyril Ramaphosa has urged the country to prepare for the possibility of losing preferential access to the
00:08United States market under a key African trade program as relations between the two countries continue to deteriorate.
00:15The African Growth and Opportunity Act, which allows eligible African countries to export certain goods to the U.S. duty
00:21-free, has been renewed by Congress until the end of 2028.
00:26The extension now awaits President Donald Trump's signature.
00:30Ramaphosa says the country must prepare for exclusion while seeking alternative markets to cushion the impact.
00:36South African vehicles benefit from duty-free access to U.S. and industry estimates indicate around 86,000 jobs at
00:44car manufacturers are directly linked to the agreement, rising to 125,000 when subcontractors are included.

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