Lamola assures SA exporters govt won’t ignore their concerns over US tariffs

Lamola assures SA exporters govt won’t ignore their concerns over US tariffs

Lamola revealed part of a package of interventions for South African exporters expected to be hardest hit by the tariffs. International Relations Minister Ronald Lamola has moved to assure South African exporters that the government won’t ignore their concerns over the impact of the hefty United States tariffs on their operations and bottom lines. Lamola revealed part of a package of interventions for South African exporters expected to be hardest […]

04/08/2025 2

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South African farmers on the frontline of US tariff hikes

The hiked tariffs could cost South Africa 100,000 jobs, according to the head of the central bank, Lesetja Kganyago. As winter clouds gathered above South Africa's prime wine-producing Robertson valley, the mood has been sombre ahead of new US tariffs of 30% due to come into force next week. Much of South Africa's sparkling white wine, Cap Classique, comes from this area 150 kilometres east of Cape Town. The prized […]

01/08/2025 1

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Less than 24 hours before US tariffs on SA are implemented

Despite around-the-clock trade negotiations with a number of countries, US President Donald Trump appears to be unwilling to water down or put on ice harsh tariffs on all trading partners. South African exporters are less than 24 hours from having to face painful tariffs on their products into the United States (US) as the 1 August deadline draws closer. Despite around-the-clock trade negotiations with a number of countries, US President […]

31/07/2025 1

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SA leadership says absence of US Treasury’s Bessent has no bearing on G20 Finance meeting

The global heads of fiscal and monetary policy are meeting for a third and final time in the country ahead of the leaders’ summit in November. South African leadership insists the absence of United States (US) Treasury Secretary Scott Bessent has no bearing on the G20 Finance Ministers and Central Bank Governors' meeting, underway in KwaZulu-Natal (KZN). The global heads of fiscal and monetary policy are meeting for a third […]

18/07/2025 1

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Trump says Mexico, EU to face 30% tariff from 1 Aug

Since returning to the presidency in January, Trump has unleashed sweeping tariffs on allies and competitors alike, roiling financial markets and raising fears of a global economic downturn. President Donald Trump on Saturday said major US trading partners Mexico and the European Union would face a 30 percent tariff starting next month, ramping up pressure for deals in his trade wars. Both sets of duties would take effect 1 August, […]

12/07/2025 1

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Trump whirlwind to test NATO summit unity

Every precaution is in place to avoid a Trump blow-up at the Hague summit, from giving him credit for a historic spending deal to keeping the meeting short and sweet. Will he play nice? That's the question for NATO leaders nervously waiting to see if a carefully choreographed show to please US President Donald Trump will pay dividends when the alliance summit gets down to business on Wednesday. Every precaution […]

25/06/2025 2