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US Imposes 30% Tariffs on South African Exports, Putting 100,000 Jobs at Risk

Pretoria has unveiled emergency export support measures to connect producers with new markets

Overview

  • The 30% US tariff on South African exports took effect Thursday under President Trump’s executive order resetting global trade terms.
  • Up to 100,000 jobs in sectors like automotive, steel and agriculture are at risk according to central bank governor Lesetja Kganyago.
  • Pretoria’s months-long bid to avert the tariffs included offers to buy US liquefied natural gas and invest $3.3 billion in US industries, but Washington rejected the proposals.
  • South Africa has launched a producer support programme and established an export support desk to help firms diversify into new markets.
  • Diplomatic ties between the two countries remain at a low after stalled trade negotiations and the March expulsion of South Africa’s ambassador.