iShares MSCI South Africa ETF EZA

Washington will suspend South Africa and Rwanda from AGOA's duty-free benefits on January 1, 2027, because both failed its eligibility rules, US Trade Representative Jamieson Greer said Monday November 2. For South Africa, the US cited trade barriers and corruption.

The U.S. Trade Representative's office said Monday November 2 that South Africa and Rwanda will lose AGOA membership from January 1. AGOA gives some of their goods duty-free entry to the American market. The office cited trade barriers and U.S. security concerns but gave no examples. Separately, the U.S. excluded South Africa from a G20 foreign ministers' meeting in Atlanta.