MINISTER TAU WELCOMES THE APPROVAL OF THE AGOA RENEWAL BILL
The Republic of South Africa‘s Minister of Trade and Industry, Minister Parks Tau, welcomes the approval of the African Growth and Opportunity Act (AGOA) Extension Bill by the House of Representatives. AGOA, first enacted in 2000 which provides duty-free access to the U.S. market for eligible Sub-Saharan countries and products was passed through a 340 […]
CHINA POSTS RECORD TRADE IN 2025 AS PRIVATE FIRMS LEAD GROWTH
China’s foreign trade hit a record high in 2025, supported by a more diversified market structure and resilient private enterprises, official data showed on Wednesday. According to the General Administration of Customs, China‘s total goods trade—including imports and exports—reached 45.47 trillion yuan ($6.35 trillion) last year, up 3.8 percent from a year earlier. Exports rose 6.1 percent to […]
UNDER U.S. TARIFF PRESSURE, SOUTH AFRICA’S AUTO INDUSTRY SEEKS NEW PATHWAYS
South Africa’s automotive industry is facing one of its toughest external challenges in years, as the United States imposed a 30% tariff on its automobile products starting in August. The move has squeezed profit margins, reduced orders, and created uncertainty for the country’s key export sector. The U.S. has long been a major destination for […]
THE 9TH CHINA TRADE FAIR SIGNALS A NEW TRADE ERA WITH SOUTH AFRICA
The 9th China Trade Fair South Africa, held at the Gallagher Convention Centre this past Tuesday the 23rd of September, was not merely a trade exhibition — it was a geopolitical statement. It signaled that South Africa, and the continent at large, is no longer content to be a passive consumer or raw exporter. Instead, […]
SADC EXPORTERS MUST UNLOCK NEW MARKETS TO SURVIVE THE TARIFF TSUNAMI
As the world continues to grapple with shifting global alliances and protectionist trade policies — triggered in part by the lasting ripple effects of Donald Trump’s sweeping tariffs — the Southern African Development Community (SADC) finds itself at a crossroads. With traditional export markets becoming more volatile, regional exporters must begin charting a new path: one that prioritizes […]
US TARIFFS: CHINA HITS BACK!
China, the world’s second biggest economy, is leading international retaliation against US President Donald Trump’s wholesale imposition of universal tariffs that has triggered an unprecedented global trade war. President Trump’s minimum baseline 10 percent tariff on all goods exported from elsewhere into the US, the world’s biggest economy, has set off fear, shock and uncertainty […]
JOINT MEDIA STATEMENT BY THE MINISTERS OF DIRCO
South Africa’s Strategic Adaptation to U.S. Tariffs: Advancing National Interests through Policy and Strategy The new tariff regime arising from the decision by the United States of America which have been directed not only to South Africa, but the entire world necessitates strategic responses to maintain and grow our industrial base, as a crucial avenue […]
MINISTER TAU NOTES WITH CONCERN USA’S DECISION TO IMPOSE A 25% TARIFF ON IMPORTS OF AUTOMOBILES
The Minister of Trade, Industry, and Competition (the DTIC), Mr. Parks Tau, has noted with concern the decision by the United States to impose a 25% tariff on imports of automobiles and certain automobile parts to address what the US perceives a threat to its national security under Section 232 of the US Trade Expansion […]