South Africa Seeks Time to Negotiate U.S. Trade Deal Amid Tariff Dispute
South Africa is seeking more time to negotiate a trade deal with the U.S. to avoid hefty tariffs President Trump plans to impose. The country aims to exempt key exports from tariffs and has offered to purchase U.S. liquefied natural gas in return, while working towards a maximum 10% tariff application.
- Country:
- South Africa
South Africa has requested an extension to negotiate a trade agreement with the Trump administration before a higher tariff regime begins on July 9, announced Pretoria's trade ministry. Previously, Trump imposed a 31% tariff on U.S. imports from South Africa in April, later pausing for negotiations.
The nation seeks a deal exempting autos, auto parts, steel, and aluminium, and proposed buying U.S. liquefied natural gas. A maximum 10% tariff application is a worst-case proposal, stated the Department of Trade, Industry and Competition.
The meeting with Assistant U.S. Trade Representative Connie Hamilton in Luanda discussed the development of a new engagement template for African countries. South African President Cyril Ramaphosa first raised the trade deal in May, facing false claims from Trump about South Africa. Trade Minister Parks Tau urges caution and continued dialogue.
(With inputs from agencies.)
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