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U.S. measures gains and losses in South Africa; whoever is hurt most by the economic sanctions Congress is considering, the impact is likely to be limited.

The continuing unrest in South Africa is forcing the United States to weigh its stake in the future of that racially polarized nation.

As Congress pushes for economic sanctions, questions are being raised about the potential consequences of such action. How would U.S. business interests be affected by moves aimed at punishing South Africa for its policy of apartheid? Would sanctions goad the white-dominated government in Pretoria to change its ways?

On the U.S. side, experts contend a break with South Africa could interrupt access to rare metals used in key industries, including defense. Some U.S. officials worry that this could hurt the economy, but those who back ...

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