TARIFF TUSSLE
After the US Supreme Court ruled President Donald Trump’s ‘Liberation Day’ tariffs to be invalid, a 10% baseline tariff was then introduced. This tariff is due to expire in July. Now the administration is looking to implement tariffs of between 10% and 12.5% on 60 countries based on an investigation into unfair labour practices. South Africa, which is facing a 12.5% tariff, insists it is compliant with all domestic and international forced-labour obligations and says it stands ready to engage the US on the matter.
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