South Africa Faces 90-Day Deadline to Avoid 31% US Tariffs
Experts Push for UK-EU-Style Trade Agreement and Business Reforms
South Africa has just 90 days to negotiate a solution and avoid a steep 31% tariff imposed by the United States. Trade specialists are urging the country to pursue a trade deal similar to the UK-EU agreement, along with regulatory reforms to improve business conditions for American companies operating in the region.
Key recommendations include lowering automotive duties, speeding up approval processes, and offering additional incentives to strengthen trade relations with the U.S.
For more details, read the full report on News24.