US EditionSouth Africa seeks new US trade deal after tariff hike, says presidency
- South Africa's presidency stated that new U.S. Tariffs highlight the necessity for a new bilateral trade deal with Washington to ensure long-term trade certainty.
- U.S. President Donald Trump announced global reciprocal tariffs, including a 30% tariff on South Africa.
- The 30% tariff is in addition to a 25% tariff on vehicles and car parts imported to the U.S., affecting South Africa's exports worth over $2 billion.
- The President's office remarked that punitive tariffs are concerning and act as barriers to trade and shared prosperity between South Africa and the U.S.
28 Articles
28 Articles
Africa: Twenty African Countries, Including Poorest, Hit with High Trump Tarrifs
The country that President Donald Trump declared ''nobody's ever heard of'' during his 4 March address to Congress has been hit with the highest U.S. tariffs in the world. Lesotho tops the list of 20 African nations upon which the White House has announced what it calls ''reciprocal'' tariffs, which add to the baseline imposed on every country.
News in a minute | Ramaphosa responds to a new 30% import tariff
Watch the full version of the “Cyril Ramaphosa responds to Donald Trump’s 30% SA tariffs“ article – in a minute. President Cyril Ramaphosa on Thursday expressed concern over the United States’ decision to impose a new 30% import tariff on South African goods. The office of the presidency said in a statement that the move was ‘a concern’, adding that it gives impetus to South Africa’s plans to negotiate new trade terms with the world’s biggest ec…
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