This cartoon, done by Rico for Business Maverick, was placed on Linkedin by the South African Association of Freight Forwarders.
Coal will not be subject to the new tariffs as it is an important part of Trump’s anti-decarbonisation drive.
Canada announced retaliatory tariffs on US goods, including a 25% surtax on various products, including fruit.
Untu has filed a formal dispute of mutual interest after reaching a deadlock during recent wage negotiations.
Of the goods worth R153 billion that South Africa exported to the US in 2024, about half were minerals.
Now facing 54% tariffs on exports to the US, China vowed countermeasures, as did the European Union.
Higher import duties will affect the livelihoods of businesses and households across the country.
What scenarios do you foresee in the short and longer-term following Tuesday night’s announcement in Washington?
The country is concerned about the new tariff regime on its exports to the world’s biggest economy.
The delegation sought to clarify the country’s expropriation and race-based laws.
The government has invited the private sector to partner by investing in the construction of new electricity infrastructure.
Analysts at Clarksons Securities suggest that the recent spot rate increases may only offer a temporary reprieve.