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Leaving Agoa is a 3.4% tariff bump, not a door slammed on the US market

South Africa’s graduation out of Agoa doesn’t mean the country won’t have any access to the US market. It will have access, but with slightly higher tariffs.

  • South Africa’s exit from Agoa doesn’t mean US market inaccessible
  • South African products face 3.4% additional Most Favoured Nation tariff
  • South African agricultural exports to US still robust despite higher tariffs

The Best Industrial Stock to Buy With $1,000 Right Now

The industrial sector currently has attractive stocks, but one clearly stands out.

  • Joby Aviation develops electric vertical takeoff and landing (eVTOL) taxis.
  • Collaborating with Toyota, Joby secures $900 million funding for commercial operations.
  • High valuation at 40 times trailing revenue despite promising eVTOL market potential.

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