The sector is taking strain due to US tariffs and requirements to cut CO₂ emissions.
Ramaphosa said the process for an amicable, bilaterally beneficial trade process was still ongoing.
Establishing new trade relationships takes years. – Agriculture minister John Steenhuisen.
The ‘reciprocal tariffs’ on China are particularly painful for companies like Hasbro and Mattel.
South Africa has partially lifted the Brazilian chicken import ban, which should ease pressure on prices in the medium term.
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.
