US Edition
South Africa plans measures to support exporters hit by Trump tariffs
SOUTH AFRICA, AUG 2 – South Africa faces potential loss of 100,000 jobs as U.S. tariffs hit key sectors including agriculture, automotive, and textiles, worsening an already fragile economy, officials said.
- The 30% tariff on South African exports begins next Thursday, imposed via executive order by President Donald Trump, taking effect then.
- Under a July 31 executive order, the White House justified tariffs as necessary to correct trade imbalances and security priorities, while Trump accused South Africa of land seizures and a 'genocide' against its white minority.
- South African export-linked sectors face an immediate risk as the tariffs could lead to the loss of 100,000 jobs and threaten a 20–30% drop in U.S. automotive sales.
- The Department of Trade, Industry and Competition will hold urgent talks after SAFTU condemned the tariffs and called for a national emergency meeting.
- South African trade analysts warn the tariffs may disrupt supply chains and could cut 0.3% from GDP in 2025.
21 Articles
21 Articles
South Africa Plans Measures to Support Exporters Hit by Trump Tariffs - Other Media news - Tasnim News Agency
TEHRAN (Tasnim) – South Africa said on Friday it would draft measures to support exporters hit by US President Donald Trump's new 30% tariff, which is expected to trigger widespread job losses in the nation's automotive and agriculture industries.
Donald Trump hits South Africa with 30% tariffs - the HIGHEST in Africa
US President Donald Trump has announced that South African goods will be hit with a 30% tariff starting on 7 August, in a move that threatens to derail one of the country’s most critical trade relationships. The tariffs mark the highest imposed on any sub-Saharan African nation, and come amid increasingly strained diplomatic ties between Trump and South African President Cyril Ramaphosa. The decision is a major blow to South Africa, whose export…
While the United States announced new tariffs on Thursday, July 31, Africa is not spared. As a secondary partner in Washington, the continent accounts for 1.6 per cent of US imports, but on the contrary, 6 per cent of African exports go to the United States. While some countries have taken advantage of the new tariffs, their increase is still serious for sectors such as agriculture, automobiles and cocoa.
Coverage Details
Bias Distribution
- 70% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
