South Africa’s presidency has responded to the latest U.S. tariffs, emphasizing the need for a new trade agreement with Washington to secure long-term trade stability. The statement came after U.S. President Donald Trump announced new reciprocal tariffs on most imported goods, including a 30% tariff on South African products.
According to a statement from the presidency, “The tariffs affirm the urgency to negotiate a new bilateral and mutually beneficial trade agreement with the U.S., as an essential step to secure long-term trade certainty.”
The latest tariffs add to the existing 25% levy on all vehicles and car parts imported into the U.S., which will take effect immediately. South Africa’s automobile industry, which exports over $2 billion worth of vehicles and parts to the U.S., is expected to be significantly affected.
Despite the tariffs, the South African government has reiterated its commitment to maintaining a productive trade relationship with the U.S. “Whilst 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 presidency added.
The South African government is now looking to engage with U.S. officials to explore potential negotiations that could ease trade restrictions and ensure stability for local industries dependent on exports to the American market. Economic analysts believe that unless a new agreement is reached, South African businesses in affected industries may face revenue losses and potential job cuts.
