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South Africa Fears End of US Trade Deal Amid Growing Rift

Ramaphosa warned exclusion could hit 86,000 direct manufacturing jobs as South Africa seeks new export markets and awaits final U.S. action.

Summary by Semafor
In response, Pretoria is looking to boost trade with China and India though a flood of cheap imports from the former has angered domestic producers.

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South African President Cyril Ramaphosa said his country should prepare for the possibility of the US being removed from the AGOA (Agreement on Economic and Social Cooperation in the South). Ramaphosa stated that the impact on employment would be devastating and that they were seeking alternative markets.

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Business Insider broke the news in New York, United States on Tuesday, October 20, 2026.
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