The increased levy – from 25% to 50% – was confirmed in an executive proclamation signed by Trump late on Tuesday.
A dumping duty of 41.47% now applies to all exports from Vietnam, Thailand and Cambodia.
Africa’s busiest port, Tanger Med in Morocco, handled 10.24 million TEUs in 2024.
An increase in related overhead costs of per-unit production will drive inflation higher.
Importers face uncertainty as legal fight continues.
“A lot of groundwork has been done, and we’re seeing the results.” – TPT chief executive Jabu Mdaki.
Bloomberg reported that the court ordered the tariffs to be stopped within 10 days.
Our farmers now produce double what they produced in 1994. And of that double, 50% is exported.
The Port of Lomé has undergone a decade of rapid transformation to reach this point.
A raid of a freight warehouse in Durban led to the recovery of branded clothing and kitchenware.
