SA is collateral damage as US looks inwards
SA needs to keep calm and can keep exporting to the US tariff free
20 February 2020 - 05:00
Last week, the US declassified SA as a developing country for the purposes of receiving certain special and differentiated treatment. The move sent ripples of alarm through the country, which claims preferential treatment on exports of R36bn to the US a year.
However, trade experts say there is no need to panic. SA has not lost the preferential market access it enjoys under the Generalised System of Preferences (GSP) or the African Growth & Opportunity Act (Agoa)...
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