💨 Abstract

South Africa is preparing to submit a revised trade package to the U.S. in an effort to ease trade tensions and reverse 30% import tariffs imposed by the Trump administration. Trade and Industry Minister Parks Tau confirmed the package's approval by the Cabinet. Details are confidential, but goodwill gestures like importing U.S. poultry and pork are involved. This move aims to address tariffs driven by non-trade issues and buy time to resolve broader diplomatic concerns.

Courtesy: Garrin Lambley