The South African government has taken a hostile position regarding the imposed 30% tariff placed on imported goods from South Africa into the U.S.
Reports indicate that the latest wave of trade tariffs has had a widespread effect on many countries which are also listed with South Africa.
The recent tariff wave from the White House comes as the American government announced early this week that it would be delaying the start of some of its most aggressive import tariffs, which it imposed among others in April on nations around the world.
According to a statement published by the South African presidential office on Tuesday, “South Africa maintains that the 30% reciprocal tariff is not an accurate representation of available trade data. In our interpretation of the available trade data, the average tariff imported goods entering South Africa stands at 7.6%. Importantly, 56% of goods enter South Africa at 0% most favoured nation tariff, with 77% of US goods entering the South African market under the 0% duty.”
