Madagascar risks losing 60,000 textile jobs to U.S. tariffs, official says
FILE - U.S. President Donald Trump meets South African President Cyril Ramaphosa in the Oval Office of the White House in Washington, D.C., U.S., May 21, 2025. [File photo: Reuters/Kevin Lamarque]
South Africa has asked for more time to negotiate a trade deal with United States (US) President Donald Trump’s administration before his higher tariff regime goes into effect on July 9, Pretoria’s Trade Ministry said on Tuesday.
Trump imposed a 31% tax on US imports from SA in April as part of his global “reciprocal” tariffs, before pausing their application for 90 days to allow for negotiations.
SA aims to secure a trade deal that would exempt some of its key exports from the tariffs, including autos, auto parts, steel, and aluminium. It has offered to buy liquefied natural gas from the US in exchange.
It is also seeking a maximum tariff application of 10% as a worst-case scenario, the Department of Trade, Industry and Competition said in a statement.
SA officials met with Assistant US Trade Representative for Africa Connie Hamilton in Luanda last week, and learned that the US was developing a template to use for its engagements with African countries, the statement said.
“In view of this development, African countries, including SA, have advocated for the extension of the 90-day deadline to enable countries to prepare their proposed deals in accordance with the new template,” it said.
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