Video: Fresh US tariffs ‘noted with concern’ – Presidency

The Presidency has expressed concern over new US tariffs on South African exports, calling them a barrier to trade and urging negotiations for a new agreement.

The Presidency has noted the new 30% tariff imposed on South African exports to the United States of America.

US President Donald Trump yesterday signed an executive order imposing ‘reciprocal tariffs’ on some of its trading partners, including China, the European Union, Australia and Brazil.

The Presidency noted with concern the newly imposed tariffs on South Africa, saying the tariffs serve as a ‘barrier to trade’.

“While South Africa remains committed to a mutually beneficial trade relationship with the United States, unilaterally imposed and punitive tariffs are a concern and serve as a barrier to trade and shared prosperity.

“The tariffs affirm the urgency to negotiate a new bilateral and mutually beneficial trade agreement with the US, as an essential step to secure long-term trade certainty,” The Presidency said in a statement today. – SAnews.gov.za

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Ruan de Ridder

A digital support specialist at Caxton Local Media, known for his contributions to the digital landscape. He has covered major stories, including the Moti kidnappings, and edits and curates news of national importance from over 50 Caxton Local News sites.
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