
South African President Weighing Changes to Cabinet, News24 Says
South African President Cyril Ramaphosa is weighing changes to his cabinet, including removing the nation's deputy trade minister who's a member of the second-largest party in the ruling coalition.
Ramaphosa plans to dismiss Deputy Trade, Industry and Competition Minister Andrew Whitfield of the Democratic Alliance party, the Cape Town-based news website said, citing people it didn't identify. Higher Education and Training Minister Nobuhle Nkabane may also face the axe, it said.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Bloomberg
an hour ago
- Bloomberg
South Korea Calls For ‘Mutually Beneficial' Trade Deal With US
South Korea called for a 'mutually beneficial' agreement on trade with the US during its new trade minister's first trip to Washington this week. Yeo Han-koo held talks that concluded Friday with US Commerce Secretary Howard Lutnick, Trade Representative Jamieson Greer and Interior Secretary Doug Burgum, as well as several lawmakers in Washington, ahead of the July 9 deadline to reinstate higher tariffs paused in April.
Yahoo
2 hours ago
- Yahoo
Trump wants Canada's digital services tax gone before trade talks resume
U.S. President Donald Trump says he's ending all trade discussions with Canada to hit back at Ottawa for slapping a tax on web giants — and he wants it removed before negotiations can begin again. Canada and the U.S. have been locked in talks to get Trump to lift his punishing tariffs on Canadian goods, levies that have already led to major economic dislocations, job losses and a drop in southbound exports. Trump and Prime Minister Mark Carney agreed at the G7 last week to reach some agreement on the trade dispute within 30 days. Speaking in the Oval Office on Friday afternoon, Trump said the U.S. has "such power over Canada," and that he's upset the country is following a taxation strategy similar to Europe's. "It's not going to work out well for Canada. They were foolish to do it," he said of imposing the DST, which was passed into law last year with a delayed application."We're going to stop all negotiations with Canada right now until they straighten out their act," he said. Asked if there's anything Canada can do to appease him, Trump said Ottawa could remove the tax. "They will," he said. "They do most of their business with us. When you have that circumstance, you treat people better." Earlier Friday, Trump posted on social media he may impose some sort of blanket tariff on Canadian goods as retribution for the DST, which will primarily hit U.S. firms since it targets only the biggest earners. Speaking briefly to reporters before Trump's Oval Office comments, Carney said he hadn't talked with Trump that day. "We'll continue to conduct these complex negotiations in the best interest of Canadians," Carney said. He did not address a reporter's question about whether his government is prepared to drop the DST — something the Business Council of Canada is calling on Ottawa to do in exchange for U.S. tariff relief. Set to take effect on June 30, the DST would have U.S. companies like Amazon, Google, Meta, Uber and Airbnb pay a three per cent levy on revenue from Canadian users. The policy will apply retroactively, leaving U.S. companies with a $2-billion US bill due at the end of the month. These global digital firms are often able to skirt paying taxes in the countries where they operate, and the last Liberal government pitched the DST as a way to bring the tax code up to date and capture revenues earned in Canada by firms located abroad. U.S. long opposed DST It's been a bone of contention between Canada and the U.S. for years, with former president Joe Biden's ambassador to Canada warning during his tenure that, if a DST was enacted, the U.S. would hit back. While Canada and other Organization for Economic Co-operation and Development (OECD) countries had been discussing some sort of global DST, the Trudeau government decided to move ahead with its own tax rather than wait for co-ordinated action. Carney's finance minister, François-Philippe Champagne, said last week Ottawa planned to enact the tax even while negotiations with Trump are ongoing. That's what's prompted the president's ire. "We have just been informed that Canada, a very difficult Country to TRADE with, including the fact that they have charged our Farmers as much as 400% Tariffs, for years, on Dairy Products, has just announced that they are putting a Digital Services Tax on our American Technology Companies, which is a direct and blatant attack on our Country," Trump said. WATCH | Foreign Affairs minister on the trade war: As he has done in the past, Trump mischaracterized Canada's tariff regime on U.S. dairy products. The high tariff rates Trump frequently cites are only applied if U.S. exports exceed a set "tariff-rate quota," something that has never happened. Trump's own Department of Agriculture noted earlier this year that almost all agricultural products traded between the United States and Canada are free of tariffs. In an interview with CBC's Power & Politics, Foreign Affairs Minister Anita Anand said supply management, which places limits on certain products, including dairy, to ensure stable prices, is a "cornerstone" Canadian economic policy that is "extremely important." Anand said that despite Trump's threats, Canada will push ahead with trying to broker a deal that's in the best interest of workers and businesses, "while at the same time ensuring we diversify our supply chains so we are never again dependent on one economy." She touted the New EU-Canada Strategic Partnership of the Future that Carney brokered with the European Union earlier this week. Trump's abrupt decision to call off negotiations may have caught Canadian officials off guard. Speaking to CBC Radio's The House hours before Trump's post, Canada-U.S. Trade Minister Dominic LeBlanc said Canada's negotiators "continue to be optimistic about the constructive tone" between the two countries. Still, Candace Laing, president of the Canadian Chamber of Commerce, said there have been signs the "tone and tenor of talks has improved in recent months." Trump and Carney have had two friendly meetings in that time, and she hopes to see "progress continue" despite Trump's apparent attempt to derail the talks. "Negotiations go through peaks and valleys. With deadlines approaching, some last-minute surprises should be expected," Laing said.
Yahoo
3 hours ago
- Yahoo
LILLEY: Carney puts Canadian jobs at risk over foolish tax idea
Mark Carney has decided to put Canadian auto jobs, manufacturing jobs, and the whole steel and aluminum industry at risk over a yet-to-be implement tax. It's a foolish move for the Liberals from both an economic point of view and from a negotiation standpoint. On Friday, Donald Trump announced that trade talks with Canada, the ones to try and ease the tariffs, were off. The reason, Carney's insistence on pushing ahead with a Digital Services Tax that comes into effect next week. It will require big tech companies like Apple, Uber, Amazon and others to pay 3% of their revenue from Canada — that's revenue, not profit — to the Canadian government. It also comes with a retroactive payment of roughly $3 billion for the American tech companies to cover the period going back to 2022. The bill imposing this legislation and the retroactive payments to 2022, only passed Parliament on June 20, 2024. No wonder President Trump calls this legislation unfair. Trump, like Biden before him, has been asking us to drop this tax, which both sides in America believe violates CUSMA, and we have refused to budge so now, he's walking away from talks. 'Based on this egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, effective immediately. We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period. Thank you for your attention to this matter!' Trump posted to his Truth Social account. Speaking with reporters in the White House during a signing ceremony on Friday, Trump was blunt at times when asked about Canada. At first, Trump batted away a question about trade with Canada noting that the ceremony was about a peace deal between Rwanda and the Democratic Republic of Congo. Moments later, he made his views clear. 'Canada put a charge on some of our companies and Canada has been a very difficult country to deal with over the years,' Trump said. 'Economically we have such power over Canada. I'd rather not use it,' Trump said. 'It's not going to work out well for Canada. They were foolish to do it.' Foolish is correct because this means tariffs stay in place, jobs are put at risk and Canada suffers. It's not just voices in Washington saying that, it's coming from business groups and provincial premiers as well. Various industry groups have been warning the government that this was the wrong path to take and the Business Council of Canada had come out strongly against the tax. Carney Liberals urged to ditch DST as Trump terminates trade talks with Canada U.S. opposition to digital services tax long predates Trump administration 'In an effort to get trade negotiations back on track, Canada should put forward an immediate proposal to eliminate the DST in exchange for an elimination of tariffs from the United States,' BCC president and CEO Goldy Hyder said after Trump's announcement. Last October, when it still looked like Kamala Harris and the Democrats would be the likely winner of America's November election, Ontario Premier Doug Ford was calling for the DST to be scrapped. Speaking to the Empire Club in Toronto, Ford said the tax threatened Canadian jobs. 'I talk to Democrats, I talk to Republicans, and they are furious,' Ford said. 'We cannot put millions of Canadian jobs in our historic economic partnership with the U.S. at risk because of a stubborn refusal to listen to the concerns of our American friends,' Ford added. 'The federal government needs to pause the implementation of the digital services tax.' The Carney Liberals, much like the Trudeau Liberals refuse to listen to the Americans when they have issues with us on trade, but we expect them to listen to us. The Liberals seem to think this is a one-way conversation where we talk, they listen, and we get what we want. I've been hearing for months that we haven't caved on the DST because we are holding out to get something in return for dropping it. The tax comes into effect Monday, we have refused to drop it and we have gotten nothing in return. This isn't a Mark Carney elbows up moment; this is a complete and utter failure that anyone paying attention could have predicted.