Trump’s Second Term Sees Investor Euphoria Fade as Markets Struggle
In a surprising announcement on Truth Social President Donald Trump declared that South African farmers and their families are welcome in the United States. Trump said any farmer seeking safety can get a rapid pathway to US citizenship. He described South Africa as a “terrible” place to live right now and blamed a new land law for making life difficult for white farmers.
According to Trump, the law allows the South African government to take over agricultural property without offering any compensation. He claimed this law unfairly targets white Afrikaners, who make up only 7% of the population but own a large share of the farmland. Trump’s comments have added fuel to an ongoing diplomatic row with South African President Cyril Ramaphosa.
Read More : Tariffs on Canada, Mexico, and China: Impact on U.S. Businesses
The South African government has dismissed the remarks of US President Trump. South African President Ramaphosa stated that his country is working on better trade and diplomatic relations with the US. He also said that such statements are unhelpful and do not reflect the true situation in South Africa.
This announcement comes at a time when the US has halted most federal funding to South Africa. Stay tuned for more updates on this developing story.
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