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#agoa

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US ends duty-free access for South Africa and Rwanda under AGOA

Washington has removed South Africa and Rwanda from the African Growth and Opportunity Act, cutting off their exporters' duty-free entry to the US market. Exporters in both countries are now weighing possible job losses and tighter margins as they adjust to the change. Economists cautioned against alarmist reactions, arguing the wider economic fallout will likely stay limited.

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Source: France 24