JPMorgan said on Tuesday the recently imposed 30% U.S. tariffs on South African exports are expected to have a limited effect on the country's assets, as markets have "largely priced in the reality of higher tariff headwinds".

South Africa will offer a "generous" new trade deal to the United States on Tuesday to avoid 30-per cent tariffs, government ministers said. Washington on Friday slapped the huge tariff on some South African exports,

South Africa is set to present a revised trade offer to the US, aiming to counteract the recent 30% tariffs imposed on its exports. This strategic move is part of a broader effort to diversify trade relationships.

The South African Minister of Trade and Industry, Parks Tau, and the Minister of Agriculture, John Steenhuisen briefed the media on Tuesday morning on

South Africa will submit its revised trade offer to the US on August 12, after its previous ‘Framework Agreement’ submitted in May failed to avert the institution of 30% ‘reciprocal tariffs’ on South African products as from August 8.

South Africa's central bank believes U.S. tariffs will only have a modest impact on the country's economic growth while leaving its inflation levels broadly unchanged, its governor said on Friday.

Officials have said the 30 per cent tariff could cost the economy around 30,000 jobs. Read more at straitstimes.com. Read more at straitstimes.com.

South Africa will submit a revised trade-framework deal to the US as it seeks to reduce a 30% tariff imposed by President Donald Trump.

South Africa will present a revised trade deal proposal to Washington on Tuesday, aiming to reduce the 30% tariff that U.S. President Donald Trump imposed on its exports last week. ・South Africa will present a revised trade proposal to the United States aiming to reduce newly imposed tariffs.