South Africa’s Jendamark Automation Loses $41 Million Amid 30% US Tariffs; Government Seeks New Markets, Finalizes Trade Package

South Africa's Jendamark Automation, a door manufacturer with approximately 350 export employees, has lost contracts worth 750 million rand ($41 million) due to the imposition of new 30% tariffs by the United States on South African goods. The tariffs, introduced under policies associated with former President Donald Trump, have made the US market commercially unviable for some South African exporters. In response, South Africa plans to seek alternative markets in Africa and Asia to offset the impact on its exports. The South African government is finalizing a comprehensive package aimed at protecting businesses from the effects of these punitive tariffs. Officials also emphasize ongoing negotiations with the US to reach a trade agreement and highlight that 35% of South African exports to the US remain untaxed. Additionally, the government is collaborating with industry stakeholders to adjust the trade framework for improved predictability and is developing strategies to mitigate potential job losses resulting from the tariffs.