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Africanews

Ramaphosa, Trump agree to further trade talks amid U.S. tariffs

Africanews · Just In
Africanews
Africanews
Just In

The call comes against the backdrop of a 30% U.S. tariff imposed on South African imports, which has triggered serious economic concerns at home.

Breakdown
  • Ramaphosa and Trump held a call to discuss bilateral trade and ongoing negotiations.
  • Both leaders agreed to continue trade discussions through their trade teams. 11s
  • The U.S. has imposed a 30 percent tariff on South African imports, raising economic concerns. 19s
  • South Africa launched an export support desk and is preparing aid for automotive and agriculture sectors. 29s
  • The South African rand gained strength due to rising gold prices and a weaker U.S. dollar. 44s
International PoliticsEconomy