South Africa is actively seeking to mitigate the impact of a 30% tariff imposed by U.S. President Donald Trump on its exports to the United States. The South African government has authorized a revised trade offer to initiate negotiations with Washington in an effort to reduce these tariffs. The trade minister emphasized the government's commitment to maintaining access to the American market for South African products. The revised trade proposal, described as more "generous," is scheduled for submission to the U.S. administration on Tuesday. Concurrently, South Africa is exploring new export markets in Asia and other regions to offset the tariff's effects. The trade department has also drafted proposed regulations allowing exporters to collaborate to ease the tariff burden. Meanwhile, the first shipments of American pork and poultry have already arrived in South Africa, raising concerns among local producers about potential large-scale dumping in the domestic market. Additionally, the South African government is considering adjustments to subsidies for locally manufactured vehicles and auto components to increase local content. These developments occur amid broader efforts to strengthen trade relations and investment, including a summit on water sector investment held in Cape Town.
🇿🇦 Au Cap s'est ouvert mercredi le sommet sur l'investissement dans le secteur de l'eau. Les précisions de notre correspondant en Afrique du Sud, Valentin Hugues ⤵️ https://t.co/hv1j9ysvfW
Government is considering changing subsidies for locally manufactured vehicles and auto components to increase locally produced content, says Minister of Trade, Industry and Competition, Parks Tau. https://t.co/4kn79bHYec
With the first consignments of US chicken imports due to make their way to South Africa in two weeks, SA poultry producers fear a return of large-scale American dumping in the local market. https://t.co/ZcoOL3aNYc