U.S. President, Barack Obama, on Tuesday, said America would suspend duty-free benefits for South Africa on March 15, a move that could cost South Africa up to seven million dollars.
He said this in Washington, adding that the suspension was because South Africa failed to meet the requirements of a trade deal.
He noted that “I have determined that South Africa is not meeting the requirements and that suspending the application of duty-free treatment to certain goods will be more effective in promoting compliance.”
He said this in Washington, adding that the suspension was because South Africa failed to meet the requirements of a trade deal.
He noted that “I have determined that South Africa is not meeting the requirements and that suspending the application of duty-free treatment to certain goods will be more effective in promoting compliance.”