Audio By Carbonatix
South African President Cyril Ramaphosa said on Tuesday his country is in talks with a U.S. trade representative to reduce tariffs levied by U.S. President Donald Trump after telling world leaders that "trade is now being used as a weapon."
The U.S. is South Africa's partner. Trump in August imposed a tariff on imports from South Africa after Ramaphosa's government made several unsuccessful attempts to secure a trade agreement.
The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here.
"We want tariffs that President Trump is seeking to levy on us and has already started to be reduced,” Ramaphosa told the Council on Foreign Relations in New York.
Ramaphosa likened trade to a weapon earlier in the day, in remarks delivered at the U.N. General Assembly.
"Geopolitical shocks and unprecedented trade policy volatility are destabilising the global economy and jeopardising a critical source of development finance," he said. "In fact, trade is now being used as a weapon against a number of countries in the world."
Ramaphosa also said the African Growth Opportunity Act (AGOA) treaty should continue, a preferential trade deal, offering duty-free quota-free access for thousands of products for 32 African nations. Last year, AGOA did not get a vote in Congress.
Trump's return to the White House in January has further cast doubt on an extension, due to his tariff-driven trade stance.
South Africa, the continent's most industrialised economy, enjoyed the lion's share of the benefit.
Latest Stories
-
Ayawaso East primary: NDC lauded for probing alleged vote-buying
2 minutes -
Youth activist Courage Babanawo, aims to become Ketu South NDC Deputy Youth Organiser
7 minutes -
Ten years on, widow mourns and justice still eludes late MP Boakye Danquah Adu
9 minutes -
2026 WC: I am not convinced about Ghana’s chances – Charles Taylor
14 minutes -
Ghana has no standalone comprehensive cancer centre of excellence as new cancer project takes shape
17 minutes -
NPP warns vote-buying in Ayawaso East threatens Ghana’s democratic foundations
28 minutes -
Ayawaso East: Baba Jamal rejects vote-buying claims, pledges cooperation with NDC probe
36 minutes -
Akufo-Addo, Commonwealth Observer Group arrive in Bangladesh ahead of February 12 polls
47 minutes -
GRA earns praise for efforts to sustain fiscal stability
49 minutes -
AAK Ghana signs strategic MoU with Agric Ministry to accelerate value addition in shea industry
1 hour -
Rename airport after Nkrumah, not Accra – Vitus Azeem urges government
2 hours -
ECG reaffirms commitment to Cash Waterfall Mechanism to ensure constant supply
2 hours -
Energy Commission steps up port surveillance to protect public safety
2 hours -
Students who engage in inter-hall fights will be sacked – UCC Acting Vice Chancellor warns
2 hours -
Disco Dance hit maker Ebo Taylor dances into eternity
2 hours
