{"id":31720,"date":"2025-09-19T15:51:07","date_gmt":"2025-09-19T15:51:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/31720\/"},"modified":"2025-09-19T15:51:07","modified_gmt":"2025-09-19T15:51:07","slug":"africas-biggest-economy-is-set-to-chart-a-roadmap-with-the-u-s-amid-soaring-tariffs","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/31720\/","title":{"rendered":"Africa\u2019s biggest economy is set to chart a roadmap with the U.S. amid soaring tariffs"},"content":{"rendered":"<p>\n        Parks Tau, the South African Trade Minister, recently met with U.S. Trade Representative Jamieson Greer to further conversations on mending their trade relationship, as it relates to the U.S&#8217;s heavy tariffs on the Southern African nation.\n    <\/p>\n<p>\n        Since assuming office, the Donald Trump administration has championed an &#8220;America First&#8221; policy, characterized by the imposition of increased trade tariffs on nations it deems to be engaging in unfair trade practices against American goods.\n    <\/p>\n<p>\n        Trump justified the decision by accusing South Africa of maintaining \u201cclosed trading markets\u201d and imposing \u201cunfair tariff and non-tariff barriers\u201d that put U.S. exports at a disadvantage.\n    <\/p>\n<p>\n        As seen on <a href=\"https:\/\/www.reuters.com\/world\/africa\/south-african-minister-meets-ustr-greer-trade-talks-2025-09-19\/\" id=\"8f533e90-b22a-4fa1-aedc-9dd53b9a704a\" data-link-role-code=\"open_new_tab\" target=\"_blank\" rel=\"nofollow noopener\">Reuters<\/a>, the tariff rate, the highest in Sub-Saharan Africa, has the potential to eliminate tens of thousands of jobs at a time when South Africa&#8217;s economy is experiencing minimal expansion and the unemployment rate remains above 30%.\n    <\/p>\n<p>\n        This, of course, has sullied the trade relationship between both countries, as South Africa&#8217;s trade with the U.S continues to dip.\n    <\/p>\n<p>\n        As a result, South Africa has attempted to reach a mutually beneficial arrangement with the United States via the meeting between both ministers.\n    <\/p>\n<p>\n        &#8220;Minister Tau held a cordial and constructive meeting with the USTR on matters of mutual interest. The meeting was preceded by intensive three-day discussions by senior officials,&#8221; South Africa&#8217;s trade ministry said in a statement.\n    <\/p>\n<p>\n        &#8220;Both parties agreed to a roadmap that will inform future engagements towards the conclusion of the process.&#8221;\n    <\/p>\n<p>        Deteriorating relationship between South Africa and the U.S.<\/p>\n<p>                    <img width=\"790\" height=\"527\" alt=\"Donald Trump and Cyril Ramaphosa\" title=\"Donald Trump and Cyril Ramaphosa\" class=\"image lazyloaded imgWithMetaData\" src=\"data:image\/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'790'%20height%3D'527'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E\" data-original=\"https:\/\/ocdn.eu\/pulscms-transforms\/1\/rdOktkpTURBXy9jNDQ0ZWYyMjlhNzgxZDRkODYwNDYyNTkxMGEyZGQ3MC5qcGeRlQLNAxbNAg_Cww\" fetchpriority=\"low\" decoding=\"async\" loading=\"lazy\"\/> <\/p>\n<p>\n        South Africa&#8217;s relationship with the United States deteriorated significantly in 2025, with disputes encompassing trade, diplomacy, and aid.\n    <\/p>\n<p>\n        The dispute deepened as Washington criticised South Africa&#8217;s land reform plans, arguing they <a href=\"https:\/\/africa.businessinsider.com\/local\/lifestyle\/trumps-controversial-resettlement-plan-for-white-south-africans-draws-new-allies\/gklmwq1\" id=\"31f353dc-b66e-4a5f-a182-3272a0bad8d2\" data-link-role-code=\"open_new_tab\" target=\"_blank\" rel=\"nofollow noopener\">discriminated against white landowners<\/a>. Pretoria slammed the claims as &#8220;misinformation,&#8221; arguing that the measures are lawful and required to address historical inequities.\n    <\/p>\n<p>\n        The economic consequences have also been considerable.\n    <\/p>\n<p>\n        The United States increased tariffs on South African exports and hinted at revisiting the country&#8217;s preferential access under the African Growth and Opportunity Act.\n    <\/p>\n<p>\n        Meanwhile, assistance cuts, notably decreases in HIV\/AIDS financing, have sparked concern about the impact on ordinary South Africans.\n    <\/p>\n<p>\n        Despite the diplomatic rift, President Cyril Ramaphosa has stated that mending relations with the United States remains a priority.\n    <\/p>\n<p>\n        South Africa is also increasing its involvement <a href=\"https:\/\/africa.businessinsider.com\/local\/markets\/trade-contrast-south-africa-shut-out-in-washington-welcomed-in-asia-and-beyond\/lshn006\" id=\"34b7999e-8bab-4788-9484-2139a402c070\" data-link-role-code=\"open_new_tab\" target=\"_blank\" rel=\"nofollow noopener\">with other partners<\/a>, such as BRICS allies and European markets, to soften the blow.\n    <\/p>\n","protected":false},"excerpt":{"rendered":"Parks Tau, the South African Trade Minister, recently met with U.S. Trade Representative Jamieson Greer to further conversations&hellip;\n","protected":false},"author":2,"featured_media":31721,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-31720","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/31720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=31720"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/31720\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/31721"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=31720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=31720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=31720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}