South Africa-Trump land row may move from aid to trade
Like Trump, South African-Born Tech Billionaire Elon Musk Has Been Critical of the New Land Law South Africa Appears to Be A Crossroads in Its Waxing and Waning Relationship with the US Following President Donald Trump’s Controversial Decision Last Week to Cut Financial Aid to Country.
The Latest Tension Flared Up a Few Days After Trump’s Inauguration Last Month When South Africa’s President Cyril Ramaphosa SIGNED INTO LAW THE EXPROPRIATION BILLwhich allows the GOVERNMENT TO CONFISCATE LAND with Compensation in Certain Circumstance. Trump’s Response Came Last Week when he threatened to cut Future Funding Over What He Termed “Terrible Things, Horrible Things” The Country’s Leadership Was Doing.
The US President Further Accused South Africa
Without Anty Basis in Fact, of “Confiscating Land” and “Doing Things That Are Perhaps Far Worse Than that”. He Double Down in the Face of the South African Government’s Vehement Rebuttal and Signed An Executive Order Last Friday Freezing Aid. This Adds Up To Nearly $ 440m (£ 353M) – The Amount of Aid Reportedly Allocated in 2023 – Though the Us Embassy in South Africa Has subsequently Said That Funding from Pepfar, Anne will not be affectedAdding The Caveat That “Not All Pepfar Activities Will Resume”. He Questioned on X WHY RAMAPHOSA HAD “Openly Racist Ownership Laws”.
With Their Relationship Now in a Precarious State – Both Countries Are Weight Up Their Next Move. On the Trade Front, Donald Mackay, CEO of Johannesburg-Based Trade Consulting FIRM XA Global Trade Advisors, Said That The US W. South Africa Exports a Variety of Minerals to The Us, Including Platinum, Iron and Manganese. IT Also One of the Largest Exporters Under Agoa, Generating About $ 2.7BN in Revenue in 2023, Mostly from the Sale of Vehicles, Jewellery and Metals.
“Over the Years, That Relationship Has Waxed and Waned. But He Admitted South Africa Had Done “A Lot” in Recent Years to Irrithte the US. “Those Irritations Get to Accumulate and Under President Trump…Dr Van Heerden Put the Change in Dynamics Partly Down to “Global Shifts” and “New Competition Driving Up Against the Us” from the Likes of China, India and Brazil. While Experts Spoke on the Benefits of Agoa, Which Is Coming Up for Review Later This Year, They Agreed That The Impact Might Not Be As Significant As Sem Fear. Agoa Was Introduced in 2000 And it Gives Eligible Sub-Saharan African Countries Duty-Free Access to The Us for More Than 1,800 Products.
