Wednesday, 4 December 2024 England fall to a six-wicket defeat by South Africa in the opening one-day international after Laura Wolvaardt's unbeaten half-century.
In a major international development, former U.S. President Donald Trump has announced a sweeping 30% tariff on all goods imported from South Africa, set to begin on August 1. In a letter, Trump claimed South Africa's trade policies are "far from reciprocal," prompting this drastic measure. The White House has indicated that these tariffs could be adjusted based on the future of US-Pretoria relations.
Responding swiftly, South African President Cyril Ramaphosa has sharply pushed back, labelling the tariff a "contested interpretation" of the current trade reality. In a statement from his office, Ramaphosa highlighted that South Africa's average tariff on imports is a modest 7.6%, and a staggering 77% of all U.S. goods enter the country completely duty-free. He has tasked a special team to urgently engage with U.S. officials on the matter.
High-stakes negotiations are already underway. U.S. and South African officials have met in Angola to discuss tariff relief and market access. South Africa's trade ministry is pushing to delay the deadline and negotiate a new framework, with sources indicating they are seeking to cap the duty rate at 10% as a potential compromise. The international community is watching closely as a Press Secretary Leavitt has hinted at a possible delay, leaving the future of US-South Africa trade hanging in the balance.
#TradeWar #SouthAfrica #DonaldTrump #BreakingNews #WorldNews #USA #CyrilRamaphosa #USTrade #LatestNews #OneindiaNews #BreakingNews #30PercentTarif
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Donald Trump issued a bold warning to BRICS nations—Brazil, Russia, India, China, and South Africa—accusing them of trying to “undermine the dollar.” Trump declared a 10% tariff would hit any country aligning with BRICS or challenging U.S. currency dominance. “The dollar is king. We’re going to keep it that way,” he asserted. The statement signals Trump’s aggressive stance on global finance and hints at harsh penalties for nations embracing BRICS’ alternative trade frameworks or currency cooperation.
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Hamas welcomed the BRICS summit statement demanding an immediate ceasefire in Gaza and full Israeli withdrawal. The BRICS communiqué accused Israel of using starvation as a weapon of war and condemned its ongoing military siege. With over 57,400 Palestinians killed, BRICS backed Palestinian statehood with East Jerusalem as its capital. Hamas urged BRICS nations-including China, Russia, and South Africa-to intensify global pressure on Israel’s blockade and occupation. The group also reaffirmed support for UNRWA and denounced aid politicization in Gaza.
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