30% on South African imports: Ramaphosa hits back at new Trump tariffs

A “unilateral imposition of a 30% trade tariff against South Africa.”

South African president Cyril Ramaphosa has pushed back in opposition to the latest wave of alternate tariffs from the Trump administration – a wave that also targets Pretoria, the only sub-Saharan country on the checklist.

The gallop from the White Home comes as the American authorities announced Monday that it could maybe maybe maybe maybe maybe be delaying the initiate of some of its most aggressive import tariffs, which it imposed among others in April on nations around the arena.

14 countries, among which Japan, South Korea and South Africa, nonetheless got letters on the same day detailing new, increased tariffs.

In response to a statement published by the South African presidential administrative center on Tuesday, “South Africa maintains that the 30% reciprocal tariff is not an accurate representation of available trade data. In our interpretation of the available trade data, the average tariff imported goods entering South Africa stands at 7.6%. Importantly, 56% of goods enter South Africa at 0% most favoured nation tariff, with 77% of US goods entering the South African market under the 0% duty.”

“South Africa will continue with its diplomatic efforts towards a more balanced and mutually beneficial trade relationship with the United States,” the statement from Pretoria furthermore eminent.

At the same time, the presidential administrative center informed South African corporations “to accelerate their diversification efforts in order to promote better resilience in both global supply chains and the South African economy.”

Overall ties between Washington and Pretoria maintain skilled severe traces since Trump returned to administrative center, with a meeting between Ramaphosa and his American counterpart in Would possibly maybe per chance honest doing exiguous to make stronger the situation.

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