Business Leadership SA calls on Ramaphosa to establish trade crisis committee amid US tariff hike
Image: Mandel NGAN / AFP
In response, the DTIC describes the Export Support Desk as a vital lifeline for exporters navigating the fallout from the escalating trade tensions.
"The Department of Trade, Industry and Competition (the dtic) has established an Export Support Desk, which will serve as a direct point of contact for companies affected by the U.S. tariff hike," the department said.
"Exporters are encouraged to engage directly with the Export Support Desk and also to visit the dtic website regularly for updates and support mechanisms".
Meanwhile, Business Leadership South Africa CEO Busisiwe Mavuso has called for President Cyril Ramaphosa to establish a dedicated trade crisis committee to coordinate the country's response to the looming US tariffs.
"A standing crisis committee, consisting of business leaders and government officials from key departments, should be established to ensure rapid information flow and coordinated efforts,". Mavuso said.
"I encourage the president to establish a Trade Crisis Committee that brings together business leaders and key government officials to jointly chart a path forward. This committee must include National Treasury. We already have proven crisis response tools that were developed for Covid-19 and the 2021 KwaZulu-Natal unrest"
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