Both sides could waive tariffs on some products such as aircraft, spirits and medical devices.
The shipping season is in full swing and on target to reach the sector’s forecast figures.
“South Africa doesn’t have anyone at the wheel in Washington.” – Minister of Agriculture, John Steenhuisen.
Many textile factories have been forced to shut down, with buyers unnerved by a 50% tariff.
Saudia Cargo reported a 14% year-on-year increase in exports in the previous year.
The rise comes despite decreasing global prices of the mineral and ahead of a 2027 export ban.
Foot-and-mouth disease outbreaks must be regionalised to protect meat export trade from bans.
Experts interpret the ACI as the EU’s ‘trade bazooka’, a formidable last-resort instrument.
The trade deficit with China has expanded significantly – from less than $1 billion to $9.71bn by 2023.
Gale says he doesn’t understand why Trade and Industry Minister Parks Tau had to visit China.
Just over a week remains until the potential imposition of 30% tariffs on South African exports to the US.
