South Africa will offer US revised trade deal

PRETORIA: South Africa will offer the U.S. a revised trade deal in an effort to lower the 30% tariff imposed last week on its exports to the U.S., trade minister Parks Tau said on Tuesday.

AI Brief

South Africa's Cabinet approved a revised trade offer to the US to restart negotiations.
The new proposal addresses issues raised in the US 2025 National Trade Estimates Report.
South Africa faced the highest US tariffs in sub-Saharan Africa after missing a deal deadline.

"Cabinet has approved that South Africa submits a revised offer as a basis for negotiations with the U.S.," Tau told a press conference.

"The new offer substantively responds to the issues the U.S. has raised in the 2025 National Trade Estimates Report."

The government of South Africa, Africa's biggest economy, has tried for months to negotiate a trade deal with Washington but failed to reach agreement before U.S. President Donald Trump's deadline.

Its exports to the U.S. were hit with the highest tariff rate in sub-Saharan Africa.