The United States is set to impose a 30% tariff on South African imports starting in August 2025, raising concerns among South African officials and industry stakeholders about the potential economic impact. South African President Cyril Ramaphosa has committed to pursuing all diplomatic avenues to protect the country's national interests. The African National Congress (ANC) has reaffirmed its dedication to maintaining relations with the US while its National Executive Committee discusses economic resilience amid the tariff implementation. The trade union federation Cosatu warned that the tariffs could severely affect South Africa's struggling economy and jeopardize thousands of jobs. The macadamia nut industry, in particular, is expected to lose its competitive edge in the US market to Australia due to the tariff. The ANC’s economic transformation committee stated that government representatives are actively working to prevent the tariff's detrimental effects. These developments have caused apprehension among African producers and countries concerned about the broader consequences of the US tariff policy.
Trade union federation, Cosatu says the potential trade penalties from the US could severely impact South Africa's struggling economy, putting thousands at risk. US import tariffs of 30% kick in this month. https://t.co/AJ4ODh5JJg
The ANC has reiterated its commitment to maintaining relations with the United States. The party's NEC is meeting in Gauteng until Monday to discuss various issues, including economic resilience. US President Donald Trump's 30% tariffs on South African goods come into effect on 7 https://t.co/Kh9Lal7iv1
The ANC’s economic transformation committee says the party’s government deployees, who are responsible for trying to avert a disastrous 30% tariff for South Africa, are doing everything possible to resolve the issue. | @SiyamtandaCapa https://t.co/WxOMwRktu8