#Latest news with #industryBodyBloomberg4 days agoBusinessBloombergSouth Africa Farm Exports Surge 10% as US Shipments ClimbSouth African agricultural exports rose 10% in the first quarter to $3.36 billion from a year earlier as port performance improved and shipments to the US climbed, an industry body said. The 14% increase in trade to the US, which totaled $202 million, comes as South Africa braces for the imposition of a 30% tariff on exports to the country by the Trump administration when a 90-day grace period expires in July.
Bloomberg4 days agoBusinessBloombergSouth Africa Farm Exports Surge 10% as US Shipments ClimbSouth African agricultural exports rose 10% in the first quarter to $3.36 billion from a year earlier as port performance improved and shipments to the US climbed, an industry body said. The 14% increase in trade to the US, which totaled $202 million, comes as South Africa braces for the imposition of a 30% tariff on exports to the country by the Trump administration when a 90-day grace period expires in July.