South African exporters are bracing for steep tariffs on goods entering the United States, with less than a day remaining before the 1 August deadline set by Washington.
Despite ongoing trade negotiations involving multiple countries, the United States has shown no sign of backing down. President Donald Trump has reaffirmed his administration’s hardline approach, signalling that the looming tariffs will come into effect as planned.
South Africa is among more than 180 countries the US has flagged as having a significant trade surplus. Local officials are still waiting for a response to a trade proposal that was initially tabled during President Cyril Ramaphosa’s visit to Washington in May.
Trade and Industry Minister Parks Tau recently shed light on the offer, which includes a sixty billion rand investment pledge in the US mining and recycling sectors.
The proposal also outlines the potential for increased imports into South Africa, including US poultry, blueberries, and liquefied natural gas over a ten-year period.
On his Truth Social account, Trump firmly stated that the 1 August deadline remains unchanged and would not be extended.
Back home, the Government of National Unity has come under criticism for what opposition parties say is a lack of transparency and preparedness.
ActionSA and the Democratic Alliance have both expressed concern over the absence of clear communication from the government regarding mitigation plans for the anticipated economic impact.
ActionSA leader Herman Mashaba said businesses have been left in the dark about how the government intends to protect exporters.
Similarly, DA Member of Parliament Toby Chance acknowledged the government’s non-retaliatory stance on the proposed 30 percent tariffs, but warned that the current trade offer is unlikely to satisfy a US administration that continues to press for more favourable terms.
With hours to go before the tariffs take effect, businesses, trade officials, and political stakeholders remain on edge, uncertain of the economic repercussions that may follow.
