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Tariff tsunami hits South Africa’s car industry

The US, the world’s former champion of free trade and globalisation, has become its biggest challenger.

Tensions between South Africa and the US continue to rise, with Agoa set to expire later this year.

Africa wants the US to renew its flagship trade programme for the continent for at least 10 years.

Diplomatic relations between the America and South Africa remain sound, said ambassador to Pretoria Reuben Brigety.

South Africa has asked the US government to consider an early extension of Agoa.