South Africa exports an enormous amount of goods to the US annually – including vehicles, aluminium, chemicals, fruit, wine, ferroalloys, and even ice cream and edible ice. But now its privileged access via the Agoa deal could be at risk amid allegations that SA’s stand on the war in Ukraine is.
Donald MacKay, founder and CEO of XA Global Trade Advisors, said at a media conference last week that Trade, Industry and Competition Minister Ebrahim Patel now seems to be taking the inflation picture into account when deciding on trade issues.