Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Categories
    • Categories
    • Africa
    • Air Freight
    • BEE
    • Border Beat
    • COVID-19
    • Crime
    • Customs
    • Domestic
    • Duty Calls
    • Economy
    • Employment
    • Energy/Fuel
    • Events
    • Freight & Trading Weekly
    • Imports and Exports
    • Infrastructure
    • International
    • Logistics
    • Other
    • People
    • Road/Rail Freight
    • Sea Freight
    • Skills & Training
    • Social Development
    • Sustainability
    • Technology
    • Trade/Investment
    • Webinars
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines
Imports and Exports
Trade/Investment

Trade and geopolitics on a knife edge amid Middle East conflict

17 Jun 2025 - by Eugene Goddard
 Source: The Media Line
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

President Cyril Ramaphosa continues to be seen as the torch bearer for Africa’s trade interests, whether as principal proponent for the African Growth and Opportunity Act, tariff easing on exports from the continent to the US or strengthening multilateral relations.

According to former South African ambassador, Gert Grobler, one of Ramaphosa’s most important challenges at the current Group of Seven Summit in Canada will be to address the tariff stand-off with the US, which is fast heading to a final implementation deadline of 9 July.

Should Pretoria fail to persuade Washington against proceeding with ‘reciprocal tariffs’ of 31%, currently paused for 90 days at baseline duties of 10%, most local exports will lose the duty-free access it used to have to the US market.

Grobler, who used to represent the country’s diplomatic interests in Spain, Japan and Madagascar, told RSG radio there was no doubt that the president would be putting South Africa’s and the rest of the continent’s trade interests on the table.

In light of the G20 summit set down for Sandton later this year, it was important that Ramaphosa left the G7 discussions in Kananaskis with a constructive outcome to align policies between the two organisations, said Grobler.

He mentioned that it was regrettable that Ramaphosa did not get to have another opportunity to sit down with President Donald Trump, especially because of the leader’s existing threat to boycott the November G20 Summit in South Africa.

During South Africa’s trade delegation to the US in May, Trump reiterated that, without his presence at this year’s G20 negotiations, there would be no point to the discussions.

While Ramaphosa is said to have had fruitful discussions with Canadian Prime Minister Mark Carney, Trump left the G7 Summit early because of escalating hostilities between Israel and Iran.

Although it was reported that Trump rushed back to Washington due to an imminent truce between the two warring Middle East powers, the US President denied this.

At the same time it was reported from the US that residents of Tehran have been warned to evacuate the Iranian capital.

Grobler said all eyes were on key country leaders at the moment to play a progressive role in easing tensions, whether on the trade front or in geopolitics.

He said Ramaphosa found himself in the company of other “outreach economies” at the G7 Summit, such as Brazil, Mexico, India and Indonesia, who were not part of the G7 – and Canada, the US, the UK, France, Germany, Italy, Japan and the EU, the latter being a non-enumerated member.

Grobler said it would stand South Africa’s diplomatic esteem in good stead if Ramaphosa helped to ease tension about current global trade and geopolitics.

He said this was especially the case because of unsuccessful peace talks about the war in Ukraine and what was happening in the Middle East.

G7 leaders want to see change in respect of US tariffs and a de-escalation of conflict between Israel and Iran.

This is in spite of the G7 also stating that it officially supports Israel.

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

Majority union at Transnet downs tools

Logistics

The company, responsible for rail and port cargo, remains in a precarious financial state.

14 May 2025
0 Comments

Thought leaders talk Trump and tariffs at Nampo Harvest Day

Economy
Imports and Exports

Landman remarked that it all came down to Ramaphosa’s visit to Washington next week.

14 May 2025
0 Comments

SA avocado growers ship first fruit of season to China

Imports and Exports
Logistics

The country’s total avocado exports were just over 81 000 tonnes in 2024 with just a fraction heading to this new market.

14 May 2025
0 Comments

China Airlines announces Boeing 777X orders

Air Freight
Logistics

As the world's largest twin-engine jet, the B777X-9 uses 20% less fuel and has a range of 7 295 nautical miles (13 510 km).

14 May 2025
0 Comments

US retailers welcome pause on China tariffs

Imports and Exports

The move paves the way for a fair and balanced trade relationship, says the National Retail Federation.

14 May 2025
0 Comments

RFA celebrates 50 years of road freight industry dedication

Road/Rail Freight

The RFA is the unified voice of South Africa's road freight industry, known for its advocacy, leadership, and commitment to sustainable transport.

14 May 2025
0 Comments

OPINION: Sars customs cadets training – can the private sector assist?

Customs

Trade has welcomed the initiative, mainly due to an exodus of experienced officers over the past few years.

14 May 2025
0 Comments

On-point logistics buys peace of mind for agri brand

Imports and Exports
Logistics

Trusted transport and customs clearing ensure value chain integrity for pellet machine manufacturer.

13 May 2025
0 Comments

Mdaki: Transnet Port Terminals on growth path

Logistics

Apart from investing R3.4 billion in new equipment, the operator is improving loading cycles and infrastructure to boost volumes.

13 May 2025
0 Comments

Intra-Africa trade could be strategic response to US tariffs

Africa
Economy
Imports and Exports

But infrastructure gaps remain a challenge to fully realising the potential of the $3.4-trillion market.

13 May 2025
0 Comments

Hong Kong authorities arrest ship’s captain

Sea Freight

Wan Wenguo has been detained in connection with damage to the natural gas infrastructure connecting Estonia and Finland.

13 May 2025
0 Comments

Robbers hit vessels in Singapore Strait

Sea Freight

A surge in attacks by armed gangs has raised concerns about the safety of ships transiting the region.

13 May 2025
0 Comments
  • More

FeatureClick to view

Botswana 20 June 2025

Border Beat

Police clamp down on cross-border crime
17 Jun 2025
Zim's anti-smuggling measures delay legitimate freight operations
06 Jun 2025
Cross-border payments remain a hurdle – Masondo
30 May 2025
More

Poll

Has South Africa's ports turned the corner?

Featured Jobs

New

Senior Sea/Air Import/Export Controller (Multimodal Controller) Strong on Imports

Tiger Recruitment
East Rand
20 Jun
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us