Trump vows to stop US assistance to South Africa over land law

MT HANNACH
4 Min Read
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Donald Trump promised to stop any future assistance in the United States in South Africa about his land expropriation policies, triggering a fall in the Rand.

The American president said that recent measures have enabled the government to unjustly confiscate the goods and accused the South African authorities of dealing “certain classes of very bad people”.

He added: “I will cut all future funds in South Africa until a complete investigation into this situation is over!”

Trump’s comments, facts on Truth Social, sparked a 1.6% drop in the South African currency compared to the US dollar.

Later, he told journalists that the management of South Africa was engaged in “terrible things, horrible things” and suggested, without providing evidence or details, that the situation was worse than terrestrial confiscation alone.

President Cyril Ramaphosa signed an expropriation bill last month. The new legislation replaces an apartheid era, during which thousands of non -white families were forcibly removed from their land for the benefit of a tiny white minority.

Three decades in multiracial democracy, around a quarter of agricultural land belong to black South Africans, who represent 80% of the population. The government aims to transfer a third of the land to blacks by 2030. The “land question” remains very explosive.

It was also a test problem for the country’s 10-party coalition. The pro-business democratic alliance, a traditional rival of the African National Congress of Ramaphosa, said that it “firmly opposes” to the new law and said that it could challenge it before the courts.

The United States has reserved nearly $ 440 million in South Africa aid in 2023, last year for which data was available. The Trump administration has interrupted all foreign aid for 90 days and has thrown the future of the main American American assistance agency in doubt While his website has been dark and dozens of employees have been on leave.

Elon Musk, a close ally of Trump and head of the government’s ministry, is from South Africa.

Other powerful Trump advisers have had training experiences in South African Apartheid, including David Sacks, who was appointed his cryptocurrency tsar.

Peter Thiel, the billionaire co -founder Paypal and another Trump Acolyte, spent part of his childhood in Namibia and South Africa in apartheid, where his father worked for the white minority government. Thiel was accused of supporting apartheid, which violently submitted a black majority to maintain white economic and political power, an affirmation he denied.

Last month, Ramaphosa told Davos journalists that he was “worried” of relations and that he and Trump spoke after the American president was elected. South Africa holds the G20 presidency this year.

During his first mandate, Trump said that his government would investigate the allegations of generalized killings of white farmers. The South African government has rejected these allegations as foundation.

Trump previously targeted the Nations of the BRICS, of which South Africa is a member, threatening them with 100% tariffs if they move away from the US dollar as reserve currency.

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