Business

NOMPILO MTSHALI: South Africa needs to export to Brics, other regions in wake of US tariffs

0

Under these circumstances it is common to observe exporters broadening their range of export destinations

01 June 2025 – 09:38

by Nompilo Mtshali

The recent tariff increases implemented by the US on South Africa and globally have sparked numerous inquiries about how to adapt to this new reality and what potential opportunities may arise.

South Africa is facing a 10% common import tariff along with an additional 30% reciprocal tariff due to its trade surplus with the US. On the other hand, the country applies a 7.6% tariff on goods coming from the US, along with an additional 8.5% tariff specifically for agricultural imports…

Source

EIB Global, Family Bank Launch $111 Million Financing

Previous article

Communities in Sierra Leone are ready for the mpox vaccine

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Business