US EditionA Flurry of Trade Action Before Trump's Tariff Deadline Friday
SOUTH AFRICA, JUL 31 – South Africa aims to avoid a 30% U.S. tariff by submitting an enhanced trade proposal as the deadline threatens 100,000 jobs in key sectors, officials said.
- Amid the tariff countdown, South Africa is preparing a last-minute proposal at U.S. urging to avoid a 30% tariff on Friday, with Trump holding firm on August 1, 2025.
- Following legal reversals, South Africa’s initial proposals in May and June went unanswered, as a federal court and appeals court reversed tariff rulings earlier this year.
- South Africa’s export profile highlights that a 30% tariff could threaten 100,000 jobs, especially in agriculture and automotive sectors, with exports to the U.S. including cars, citrus fruits, and wine.
- With import taxes looming Friday, South Africans engaged U.S. embassy officials and the U.S. trade representative on Wednesday night, yet uncertainty lingered, and South Korea rushed last-minute deals.
- Looking toward the court ruling, a federal appeals court will hear challenges to Trump’s sweeping tariffs on Wednesday, with the administration defending their long-term enforcement.
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South Africa readying last-minute trade offer to avoid US tariff
JOHANNESBURG (Reuters) -South Africa is preparing a last-minute “enhanced” trade proposal at the urging of U.S. officials in hopes of avoiding a 30% tariff which kicks in on Friday, its trade minister said on Thursday. South Africa initially submitted a proposed trade deal to President Donald Trump’s administration in May and revised it in June, but received no response. “We’re having to navigate a last-minute proposal that’s enhanced from the p…
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