-
Democrats, Trump hold final rallies before midterm elections
-
African players in Europe: Defender Hakimi's historic hat-trick
-
Japan urges US to enforce discipline after second Marine arrest
-
Struggling Slavia face Arsenal as grim record looms
-
'Remarkable' rookie Lendeborg scores 37 as Warriors beat Clippers
-
Vikings suffer first loss while Broncos edge Chiefs in NFL
-
ExxonMobil urged to re-think Papua New Guinea gas project
-
South Korea to double spending on AI and chips in 2027
-
Asian stocks mixed as tech sector struggles to rebound from selloff
-
On All Saints' Day, Philippine mountain town honours dead with fire
-
India's royals find new power in their past
-
Years on from fall of IS, French jihadists face justice in Iraq
-
Irish bookshops help meet UK demand for Sally Rooney novels
-
Point of Law favourite at Australia's 'race that stops a nation'
-
NFL Vikings suffer first loss while Broncos edge Chiefs
-
'Kid' Antonelli gets affectionate tributes from all quarters
-
Host of fresh faces in Australia white-ball squads to face England
-
Hamilton accuses Leclerc of wrecking Ferrari hopes
-
NFL linebacker Campbell to remain hospitalized overnight
-
InterContinental Hotels Group PLC Announces Transaction in Own Shares - November 02
-
Aer Lingus and MTech Mobility Launch Live Ground Operations Technology Programme Across Three Irish Airports
-
DataMEDS AI Enters Into Agreement for Commercial Supply of Six Peptides Recommended by FDA Advisory Committee
-
Ur-Energy Announces Retirement of CFO Roger Smith, Names VP Finance Jade Walle as Successor
-
Jaguar Mining Provides Update on Permitting of the Onças de Pitangui Development Project, Minas Gerais, Brazil
-
Hospital AI Funding Faces a Reality Check: New 2027 Outlook Puts Outsourcing Savings to the Test
-
BEING rather than HAVING. A fascinating, practical STORY.
-
Electrovaya Ranks Fourth Among Canada's Enterprise - Industry Leaders in Deloitte's Technology Fast 50(TM) Program
-
International Battery Metals Announces Second Quarter Fiscal 2027 Financial Results Conference Call and Webcast
-
iAsk.ai Surpasses One Billion Searches
-
Predictiv AI Awarded Metrolinx Master Agreement for On-Demand Transit Software and Related Services
-
Electric Metals (USA) Limited Announces Results of Annual Meeting of Stockholders
-
cbdMD Completes Acquisition of the Operating Assets and Brands of Twinlab, including Twinlab, Reserveage and Metabolife Brands, Expanding Into Broader Wellness
-
Palo Alto Collaboration Company Opens Waitlist for Pana, a Personal AI That Builds Tools That Stay Yours
-
Anthony, Linder & Cacomanolis Recognized in Chambers & Partners Spotlight Florida 2027 for Securities Law Excellence
-
Tectonic Metals Intersects 5.61 g/t Au Over 41.15 m, Including 12.94 g/t Au Over 13.72 m, Within 2.86 g/t Au Over 91.44 m, Strengthening Evidence for a Second Gold System at the Flat Gold Project
-
Optimistivity Unveils Refreshed Brand and Expanded Digital Product Range
-
GameSquare to Report Q3 2026 Financial Results on November 16, 2026
-
AsiaFIN Holdings Corp. to Host Q3 2026 Earnings Webcast from New York City
-
IRS Pushes Tax Deadlines to February 1, 2027 for Washington Wildfire Counties - Clear Start Tax Explains What the Postponement Does Not Pause
-
Pre-season F1 favourite Russell 'not up to the task'
-
'Grateful' Antonelli becomes youngest Formula One world champion
-
Novak wins Mexico Open for first solo PGA Tour win
-
Four sporting prodigies who scaled the heights
-
Fast and funny, Antonelli becomes Formula One's youngest king
-
Six key races that made Kimi Antonelli a world champion
-
Antonelli becomes youngest Formula One world champion
-
Isa double sends Pau past Toulouse in Top 14
-
Japan's Shimada wins Skate Canada in Grand Prix debut
-
NFL Lions linebacker Campbell carted off to hospital
-
NFL Vikings suffer first loss while Allen sparks Bills win
Trump threats to South Africa rattle automakers
South Africa exports vehicles worth about $1.9 billion every year, many to the United States under a trade deal now in jeopardy as President Donald Trump piles pressure on the country.
"I don't think that South Africa has got a chance of the renewal" of the African Growth and Opportunity Act, said Neil Diamond, president of the South African Chamber of Commerce in the United States.
Known as AGOA, the trade deal offers preferential access to the US market for many African countries. The arrangement means Washington charges no tariffs on cars imported from South Africa.
That deal has bolstered the South African auto industry. Motor vehicles account for 22 percent of South Africa's exports to the United States, worth $1.88 billion -- behind only precious metals, according to government statistics.
Seven big automakers operate in South Africa: BMW, Ford, Isuzu, Mercedes-Benz, Nissan, Toyota and Volkswagen.
"It's half a million people that are employed in the industry, so right across the value chain," said Billy Tom, head of The Automotive Business Council, known as Naamsa.
AGOA is up for renewal in September 2025. If it lapses, the consequences in South Africa -- its biggest beneficiary -- could be disastrous.
"It would be a big impact in the sense that the United States is the third-biggest export market for us. And that market has grown over the years," Tom told AFP.
He estimates that 86,000 people have jobs thanks to AGOA, with another 125,000 people employed in related jobs as subcontractors or suppliers, often directly tied to auto plants.
"It will have a significantly detrimental effect on the supplier base, and over the long term, I think we could expect that the industry does not survive in South Africa," said Renai Moothilal, who heads the National Association of Automotive Component and Allied Manufacturers.
- Punitive measures -
South Africa has found itself in the White House's crosshairs, in part due to a recent land law.
Pretoria native Elon Musk, the world's richest man who's dominating Trump's inner circle, has lambasted "racist laws" and amplified conspiracy theories claiming -- without evidence -- that whites are being singled out for persecution.
South Africa's foreign policy has also pushed it away from Washington, as the country aligns with Russia and China and led the charges against Israel at the International Court of Justice.
"President Trump could cite the clause in the AGOA Act, which says that beneficiaries have to maintain, or their activities have to be in line with US security and foreign policy interests," said Richard Morrow, a researcher at the Brenthurst Foundation.
Former president Joe Biden, for example, removed the Central African Republic, Gabon, Niger and Uganda from AGOA benefits on January 1, 2024.
But Trump may just want to defend an industry that's close to his heart, Morrow said.
"Donald Trump has repeatedly used the automotive sector in America as a bellwether for the American economy," he told AFP. "It's traditionally a sector which is very blue-collar" and central to Trump's base.
It's not yet clear if Trump wants to "punish South Africa" or uses AGOA "as a means of threatening South Africa," Morrow said. Trump could also remove just the auto industry from AGOA benefits, while letting other industries benefit.
The irony is that most of the companies that would be affected are based in countries like Germany and Japan, close US allies, said Isaac Khambule, a professor of political economics at the University of Johannesburg.
The demographic of "people who own the majority of the businesses in South Africa" is largely aligned to the West, he told AFP.
The immediate damage from Trump's rhetoric is uncertainty, leaving businesses unsure of how or whether to invest, he said.
D.Lopez--AT