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South Africa plans new US trade deal
South Africa said it will submit a revised offer for a US trade deal in an attempt to lower the 30% tariff rate imposed on exports from Africa’s biggest economy. The duty, which came into effect on Aug. 7, is the highest tariff imposed on a sub-Saharan African country.
A critical issue facing the industry is the high percentage of imported vehicles, which currently stands at 64%.
The South African rand softened in early trade on Thursday, after a recovery rally in the past two sessions when the dollar ...
Professional services firm EY warns that the newly imposed 30% tariff on South African exports to the US could lead to around ...
Government is diversifying exports to alternative markets and providing an economic support package for affected companies ...
"The imposition of a general tariff of 30% by the USA on exports from South Africa to the USA could have unintended and ...
The South African government has dismissed the U.S. State Department’s latest assessment of the country's human rights ...
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