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South African exporters are bracing for economic strain as a new 30% tariff on steel and related products from the U.S. takes effect. The tariff, reinstated by former U.S. President Donald Trump, threatens a wide range of industries including automotive components, agro-processing, and citrus exports.
Dynamic Fluid Control, a major manufacturer of industrial valves, says up to 80% of its revenue comes from U.S. clients—now directly impacted by the tariff. Industry leaders warn this move could cost the South African economy tens of thousands of jobs and diminish its global trade competitiveness.
In response, South Africa’s Department of Trade, Industry, and Competition has launched an Export Support Desk aimed at helping affected companies pivot to new markets and navigate the challenges. A broader relief package is also in development to cushion exporters from long-term damage.
Despite efforts to reach a deal—including offers of U.S. liquefied natural gas purchases and new U.S. investments—talks failed to secure a resolution by the August 1 deadline. South Africa now risks losing its preferential trade status under the African Growth and Opportunity Act (AGOA), further complicating export prospects.
President Cyril Ramaphosa emphasized that diplomatic efforts continue, but urged businesses to prepare for a changing global trade environment.
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