Feb 03, 2025
Komal Das
Trump Threatens to Cut Aid to South Africa Over Treatment of Certain Groups
Trump vowed to cut aid to South Africa over land expropriation policies, accusing unfair treatment. His comments caused the rand to fall 1.9%
Trump is opposed to South Africa’s new land expropriation law and paused $440 million in U.S. aid for 90 days
Ramaphosa dismissed U.S. tensions, while South Africa holds the G20 presidency and Elon Musk hails from there
Trump previously threatened to cut aid over unsubstantiated claims of violence against white farmers in South Africa
Trump threatened 100% tariffs on BRICS nations, including South Africa and India, if they move away from the dollar
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