President Cyril Ramaphosa has raised concerns over the significant consequences the United States’ new tariff measures could have on South African industries and workers.
In his weekly newsletter, the president focused on the implications of the 30 percent import tariff set to take effect on Thursday, cautioning that the decision may carry far-reaching economic repercussions.
According to Ramaphosa, the new tariffs are expected to affect key local sectors that depend heavily on access to the US market.
Industries such as agriculture, automotive manufacturing and textiles, which have long benefited from duty-free exports through the African Growth and Opportunity Act (AGOA), may see those advantages eroded under the new trade regime.
The president highlighted that the tariff hike would not only disrupt export revenue streams but would also affect thousands of workers tied to export-focused industries. In turn, the country’s broader economic performance, including revenue collection, could suffer as a result.
Framing the development within a global context, Ramaphosa stressed the importance of adapting to increasingly volatile international trade conditions.
He described the tariff imposition as a clear signal that South Africa must navigate shifting global economic dynamics more strategically.
In defending South Africa’s export contribution, the president pointed out that many local products support, rather than compete with, American markets.
He cited the example of citrus exports, which are typically shipped during off-peak production periods in the US. This counter-seasonal nature of supply, he argued, benefits American consumers by offering broader product choices at competitive prices.
Ramaphosa also reminded readers that South Africa is not only a trade partner but also a significant investor in the United States.
With 22 South African companies operating across sectors including mining, pharmaceuticals, and manufacturing, the country continues to contribute to US economic activity.
Despite the setback, Ramaphosa emphasised that diplomatic and trade engagement with the US remains active. The government continues to pursue constructive dialogue aimed at preserving and expanding mutually beneficial trade and investment relations.
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