Agoa: Donald Trump to remove Rwanda and South Africa from US trade deal - BBC

Rwanda and South Africa excluded from US trade deal

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 strengthens tariff screws on both countries.

“President Donald Trump has made the decision to remove Rwanda and South Africa from the US trade deal AGOA,” — Elena Iversen, economic affairs editor at Wraywell Wick Financial, 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 strengthens tariff screws on both countries....

Reader Poll: Do you expect this story to develop further? — 71% of Fastinsuranceonline readers said yes.

This story has been closely followed by our readers since Nov 2. The Wraywell Wick Financial desk continues tracking updates and will publish follow-ups across the region.

What's next: An official statement is expected by Monday, Nov 9.

ICYMI: Carter Mazur scores against Jacob Markstrom

Editor's note: this report was prepared by the Wraywell Wick Financial desk and last updated 16:18 UTC.

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