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DTIC working on tariff counter proposal amid concerns of weak SA diplomatic presence in US
Manage episode 497852916 series 2825639
President Cyril Ramaphosa says he remains hopeful that ongoing talks with Washington will help ease new US tariffs on South African goods. This follows a 30% tariff introduced by US President Donald Trump, targeting multiple nations including South Africa as part of a wider global trade reset. Ramaphosa says South Africa has tabled a trade framework seeking exemptions and mutual investment opportunities. Ramaphosa further says Government is also finalising support measures for affected industries, while continuing diplomatic efforts to protect local jobs and strengthen alternative export markets. The New tariffs to essentially take effect in six days' time. For more on this, Bongiwe Zwane spoke to Trade, Industry and Competition Ministerial Spokesperson, Kaamil Alli as well as Khaya Sithole, an independent economic analyst
2514 episodes
Manage episode 497852916 series 2825639
President Cyril Ramaphosa says he remains hopeful that ongoing talks with Washington will help ease new US tariffs on South African goods. This follows a 30% tariff introduced by US President Donald Trump, targeting multiple nations including South Africa as part of a wider global trade reset. Ramaphosa says South Africa has tabled a trade framework seeking exemptions and mutual investment opportunities. Ramaphosa further says Government is also finalising support measures for affected industries, while continuing diplomatic efforts to protect local jobs and strengthen alternative export markets. The New tariffs to essentially take effect in six days' time. For more on this, Bongiwe Zwane spoke to Trade, Industry and Competition Ministerial Spokesperson, Kaamil Alli as well as Khaya Sithole, an independent economic analyst
2514 episodes
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