South Africa to submit revised tariff offer to U.S.

South Africa’s Minister of Trade, Industry and Competition, Parks Tau, announced that the cabinet has approved the submission of a revised tariff offer to the United States as the foundation for ongoing negotiations. This move comes in response to the recent 30-percent tariff imposed by the US on certain South African imports, which has sparked concerns among exporters and trade stakeholders.

Minister Tau, along with Agriculture Minister John Steenhuisen, provided a joint briefing outlining the government’s coordinated response to mitigate the impact of these tariffs. They emphasized the importance of diplomatic engagement and strategic negotiations to safeguard South Africa’s trade interests and maintain access to the US market.