The Trump administration has until October 1 to appeal against the US Federal Appeals Court ruling.
“Manufacturers that use palm oil in the specified processes may apply for a rebate permit.”
The president’s unilateral import duties imposed on its trading partners have been found to be unlawful.
Data from Trading Economics shows that citrus exports to Russia have steadily grown.
The company is winding down its long steel business after several failed government bail-out attempts.
SA has offered to continue the 72 000-tonne quota, in a bid to lower US tariffs.
SA forecasts a harvest of 15.80 million tonnes, 23% higher than the 2023-24 season's crop.
Exporters eye new markets as Flash Gala apple harvest grows by 41%.
The blanket 30% tariff on exports is expected to reduce South Africa’s GDP by 0.2-0.3%.
The demand for refrigerated trucks will soon outstrip supply during peak season.
Trump tariffs will affect exports in key EU sectors such as automobiles and agricultural products.
The proposed duties would add R1.54 billion to the country’s annual tariff bill. – Xagta.
