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Live Updates  >  Live Update Details

2025-08-01 15:24:12

[US to impose 30% tariffs on South Africa] ⑴ The United States will impose a 30% tariff on South African exports next week after the two sides failed to reach a trade agreement by the deadline set by Trump. South Africa had proposed conditions such as purchasing US liquefied natural gas and investing $3.3 billion in the US, but these conditions were not accepted. ⑵ South Africa's trade minister warned that the tariffs would impact key export industries such as automobiles and steel, and the government is urgently developing employment protection measures. The United States is South Africa's second-largest trading partner, and bilateral relations remain tense due to factors such as affirmative action, land reform, and cases involving Israel in the International Court of Justice. (Refinitiv)

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