News24 | Parks Tau wants meeting with US officials over new car tariffs

Parks Tau plans US meeting to address Agoa tariff threat

Vehicle exports from SA accounted for 64% of SA’s exports under Agoa in 2024

LIGHT at the end of tunnel for SA car industry in 2025

The SA car industry has faced plenty of economic headwinds in 2025 already. From uncertainty over Trump tariffs and AGOA trade, to disruptions in steel supply, who’d bet against a downturn in the SA car industry? However, the City of Tshwane has revealed an encouraging new initiative to build Africa’s largest automotive assembly precinct in Rosslyn, Pretoria, reports TimesLive. As we know, the Rosslyn precinct in Pretoria is already home to four…

News24 | Parks Tau wants meeting with US officials over new car tariffs

South African auto exports make up less than 1% of the vehicle imports and automotive component imports to the US, according to Minister of Trade, Industry, and Competition, Parks Tau.

South Africa Seeks Urgent Talks With US Over New Car Import Tariffs

South Africa has requested immediate discussions with the United States following the announcement of a 25% tariff on automobile imports that could deliver a severe blow to the country’s vital automotive sector. Trade Minister Parks Tau confirmed his department is pursuing urgent meetings with US counterparts to address concerns about the economic consequences of the new policy. “Automobile exports from South Africa accounted for 64% of our AGOA…

Agoa will not protect South Africa from the 25% import tariff that President Donald Trump imposed last week on imported cars and certain car parts, believes Parks Tau.

SA seeks meeting with US on auto tariffs

By Reuters South Africa will seek a meeting with U.S. authorities on auto tariffs, Trade Minister Parks Tau said on Tuesday, noting the levies are a concern as the country has preferential trade status with the United States. South Africa, whose exports of vehicles and parts into the United States is estimated at over $2 billion, could take a severe hit from a planned tariff of 25% on automobile imports unveiled last week by U.S. President Donal…