US imposes new 12% tariff on South African exports
The United States has imposed a 12.5% tariff on South African exports, citing concerns over the enforcement of laws against forced labor. South Africa has rejected these claims, asserting that its existing legal framework is sufficient.
Why it matters
This trade action escalates diplomatic and economic tensions between the US and South Africa, potentially impacting bilateral trade relations.
United States and South Africa flags. Picture: 123rf.com
The United States (US) has imposed new tariffs on South African exports, escalating trade tensions between the two countries.
Washington said the move is aimed at countries it believes are not doing enough to stop imports made by forced labour.
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