South Africa said it is drafting relief measures for companies hit by the 30% tariff announced by U.S. President Donald Trump on imports of steel, autos and other goods from dozens of countries. Trade Minister Parks Tau said an “Export Support Desk” would be set up immediately to help firms find alternative markets and navigate new compliance rules while Pretoria pursues negotiations with Washington. The tariff, due to take effect in a week, threatens key industries that rely on the United States—South Africa’s second-largest trading partner—such as agriculture, automotive manufacturing and steel. The central bank projects as many as 100,000 job losses, and industry body SEIFSA estimates $1.8 billion in steel and related exports are at risk. Valve maker Dynamic Fluid Control and other engineering firms warn that U.S. orders could evaporate once duties rise. Automakers are already feeling the impact: South African vehicle shipments to the United States fell 72% year-on-year in June. Pretoria has offered to purchase U.S. liquefied natural gas and invest in American industries in exchange for tariff relief, but Washington has yet to respond. President Cyril Ramaphosa said all diplomatic channels remain open as “intensive” talks continue.
Eye on Africa - South Africa in 'intensive negotiations' with the US over tariffs ➡️ https://t.co/p0hfx8Bos1 https://t.co/2048sXM86E
South African auto exports to the US plunged 72% in June, with local demand cushioning some losses. | @News24_Business https://t.co/8LmtjVYpQr
South Africa plans measures to support exporters hit by Trump tariffs https://t.co/bP2lusVqZG https://t.co/bP2lusVqZG