South Africa seeks new US trade deal after tariff hike, says presidency

3/4/2025 16:48

South Africa's presidency said on Thursday that the new U.S. tariffs underscore the need to negotiate a new bilateral trade deal with Washington to ensure long-term trade certainty.



U.S. President Donald Trump unveiled global reciprocal tariffs on most goods imported to the United States on Wednesday.



Trump imposed a 30% rate on South Africa.



"The tariffs affirm the urgency to negotiate a new bilateral and mutually beneficial trade agreement with the U.S., as an essential step to secure long-term trade certainty," the Presidency said in a statement.



The latest tariffs are in addition to the 25% imposed on all vehicles and car parts imported into the U.S., which will kick in from Thursday.



South Africa's exports of vehicles and parts into the United States are estimated at over $2 billion and could be hard hit by the levies.