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.

Passengers still missing after Cabo Delgado shipwreck

Sea Freight

The vessels were to deliver food intended for people fleeing Islamist insurgency up north.

04 Jun 2025
0 Comments

Logistical progress needs to be speeded up – economist

Logistics

“It is taking too long from when we identify the problem until we solve the problem, and the gap is costing us valuable growth.”

03 Jun 2025
0 Comments

New road levy hits transport companies

Africa
Road/Rail Freight

Members of the business community appealed the road tax, but to no avail.

03 Jun 2025
0 Comments

Gemini Cooperation sustains schedule reliability leader position

Logistics
Sea Freight

After the first quarter, Sea Intelligence also scored Gemini’s schedule reliability as the highest.

03 Jun 2025
0 Comments

SA to launch coastal climate change plan

Sea Freight
Sustainability

The plan is the country’s first sector-specific climate adaptation strategy dedicated to climate resilience.

03 Jun 2025
0 Comments

Iata identifies four priority areas for ground handling

Air Freight

Iata believes that improved data utilisation can significantly enhance safety outcomes.

03 Jun 2025
0 Comments

Anti-dumping duty imposed on China for rerouting cargo

Imports and Exports

A dumping duty of 41.47% now applies to all exports from Vietnam, Thailand and Cambodia.

03 Jun 2025
0 Comments

Durban port faces strong competition from Maputo

Imports and Exports
Logistics

Africa’s busiest port, Tanger Med in Morocco, handled 10.24 million TEUs in 2024.

03 Jun 2025
0 Comments

DoT backs plan to launch new national shipping carrier

Logistics
Sea Freight

The Development Bank of Southern Africa will play a pivotal role in developing the company.

02 Jun 2025
0 Comments

DFFE accused of not acting against illegal fishing trawlers

Logistics
Sea Freight

The sardines can reach a biomass of 40 000 tonnes and attract various other game fish.

02 Jun 2025
0 Comments

Exporter body heads to Parliament in push against cabotage

Imports and Exports
Sea Freight
02 Jun 2025
0 Comments

Airline profitability to rise in 2025 – IATA

Air Freight

But air cargo demand growth is expected to dampen due to global trade tensions, says IATA.

02 Jun 2025
0 Comments
  • More

FeatureClick to view

West Africa 13 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

Key Account Manager

Lee Botti & Associates
Johannesburg
18 Jun
New

Sea Import Controller - willing to be trained into Multimodal

Tiger Recruitment
East Rand
18 Jun
New

Pricing Specialist

CANEI
South Africa (Remote)
17 Jun
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us