• Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Intelligence
    • Policy Intelligence
    • Security Intelligence
    • Economic Intelligence
    • Fashion Intelligence
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • LBNN Blueprints

After locking horns, South Africa says it doesn’t want to rush into another clash with Trump

Simon Osuji by Simon Osuji
April 4, 2025
in Business
0
After locking horns, South Africa says it doesn’t want to rush into another clash with Trump
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Among the African nations impacted, South Africa has been hit particularly hard by the new import tariffs.

The policy, aimed at addressing foreign tariffs, trade barriers, and currency manipulation, imposes a baseline 30% tariff on all South African exports to the U.S.

The idea behind these reciprocal tariffs is straightforward: if a country places high tariffs on U.S. goods, the U.S. will retaliate with equivalent tariffs on that country’s exports.

This move has drawn in responses from several countries including China which as recently as Friday, announced its own levies on US imports.

This figure matches the 34% tariffs against China that Trump announced on Wednesday. They come on top of 20% levies against the country since he took office in January, bringing the total to 54%.

South Africa in contrast has decided to look the other way, noting that such a move would be counterproductive, as reported by Bloomberg.

“There are all sorts of knee-jerk reactions to the announcements made” about the tariffs, Parks Tau, South Africa’s trade minister, told reporters on Friday.

“It’s a risky thing to do to simply decide that we’re now going to impose reciprocal tariffs. I think it is a race to the bottom.

We have in excess of 600 US companies that are in South Africa — we’re not going to wake up one day and say we want to target US companies, it would be counterproductive. “It’s not in our interest as a country and as an economy,” Tau added.

South Africa and the United States have not been on the best of terms since Trump took office.

“South Africa remains committed to a mutually beneficial trade relationship with the United States,” but punitive tariffs “are a concern and serve as a barrier of trade,” International Relations Minister Ronald Lamola said at Friday’s briefing.

Related posts

Nigerian billionaire Abdulsamad Rabiu becomes Africa’s third-richest after 120% wealth surge

Nigerian billionaire Abdulsamad Rabiu becomes Africa’s third-richest after 120% wealth surge

March 10, 2026
Africa’s second-largest oil producer says China dominated $21.8B in investment proposals over five years

Africa’s second-largest oil producer says China dominated $21.8B in investment proposals over five years

March 10, 2026

South Africa vs Donald Trump

Shortly after assuming office, Trump condemned South Africa’s land reform policy, arguing that it violated property rights and posed risks to economic stability.

South African President Cyril Ramaphosa and United States President Donald Trump

In response, the South African government defended the policy as constitutional and noted that it was aimed at correcting racial disparities in land ownership since apartheid’s end in 1994, emphasizing that no expropriations have occurred.

At the time, he had also halted all USAID, which affected several African countries.

Trump’s administration also cited South Africa’s stance on international issues—particularly its genocide accusation against Israel at the International Court of Justice (ICJ)—as a contributing factor in the decision to suspend aid.

These incident led to an ugly altercation between the heads of states of both countries.

A few weeks later, South African President Cyril Ramaphosa stated that he wanted tensions with the U.S. to ease following Trump’s recent executive order but emphasized his long-term goal of visiting Washington to restore diplomatic ties.

“We don’t want to go and explain ourselves. We want to go and do a meaningful deal with the United States on a whole range of issues,” Ramaphosa said, adding that he was “positively inclined to promoting a good relationship with President Trump.”

Source link

Previous Post

Automakers jump on Tesla’s brand woes with discount EV offers

Next Post

Germany to Arm Military With Loitering Munitions for First Time: Report

Next Post
Germany to Arm Military With Loitering Munitions for First Time: Report

Germany to Arm Military With Loitering Munitions for First Time: Report

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

U.S. extends visa privileges for Liberia following agreement to accept ‘Maryland man’ Kilmar Abrego

U.S. extends visa privileges for Liberia following agreement to accept ‘Maryland man’ Kilmar Abrego

4 months ago
Where Diaspora Kenyans Buy Holiday Homes

Where Diaspora Kenyans Buy Holiday Homes

2 years ago
Start and Grow a Business: Salt & Straw Enters New York City

Start and Grow a Business: Salt & Straw Enters New York City

2 years ago
Bluesky and Mastodon users can now talk to each other with Bridgy Fed

Bluesky and Mastodon users can now talk to each other with Bridgy Fed

2 years ago

POPULAR NEWS

  • Mahama attends Liberia’s 178th independence anniversary

    Mahama attends Liberia’s 178th independence anniversary

    0 shares
    Share 0 Tweet 0
  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2023 LBNN - All rights reserved.