South Africa's trade minister highlights 'impasse' in negotiations with the US over tariffs
South Africa reaffirmed its commitment to finalising a trade deal with the United States, despite ongoing geopolitical, domestic, and trade challenges.
In a statement released on Tuesday, Department of Trade, Industry and Competition (DTIC), Minister Parks Tau stressed that a "reset is unavoidable" in the trade relationship between the two nations.
In the statement, the government stated its decision.
"South Africa took the decision not to retaliate to the reciprocal tariffs announced by the United States. We also want to reiterate that we have no intention of decoupling from the United States either."
Additionally, the South African government said it views negotiations as the most effective tool to address the issues.
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The Citizen
an hour ago
- The Citizen
Top 10 stories of the day: Ramakgopa on tariffs and BEE, Aarto commencement date, Mbeki, Appollis and more
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eNCA
2 hours ago
- eNCA
Cosatu: Tariffs will lead to a jobs bloodbath
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The Citizen
5 hours ago
- The Citizen
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