Farmer's Weekly|February 28, 2020
The US, led by President Donald Trump’s administration, recently updated the list of developing countries benefitting from its trade remedy laws. South Africa, China and India, among other countries, were removed from the exemption list. In addition, South Africa’s preferential market access to the US is under review after the United States Trade Representative accepted a complaint from the International Intellectual Property Alliance that alleges South Africa’s Copyright Amendment Bill and Performers’ Protection Amendment Bill fail to “provide adequate and effective protection” of US copyrights. A negative ourcome may result in South Africa losing its preferential market access under the African Trade and Opportunities Act (AGOA) and the Generalized System of Preferences (GSP).
South African exports to the US may then be subject to the same general duties as products from other countries.
What is at stake?
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February 28, 2020