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South Africa seeks 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%.
When Washington’s 30% tariff on South African goods took effect on 7 August, outrage was the easy emotion. The better ...
The South African rand softened in early trade on Thursday, after a recovery rally in the past two sessions when the dollar ...
The South African government has dismissed the U.S. State Department’s latest assessment of the country's human rights ...
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