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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U.S. President Donald Trump is once again making bold claimsâthis time demanding the Nobel Peace Prize for what he calls âending 5 beautiful wars.â In a fiery Truth Social post and recent interviews, Trump insisted he played a key role in settling multiple global conflicts, saying, âWeâve settled a lot of very beautiful wars.â Without naming specifics, he credited trade deals and diplomacy under his leadership for stopping wars that âcouldâve gone nuclear.â
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In a scathing rebuke, top Trump aide Stephen Miller has accused India of "financing Russiaâs war in Ukraine" by continuing to import oil from Moscow. Speaking on Fox News, Miller expressed alarm over Indiaâs near-parity with China in buying Russian crude â calling it an âastonishing fact.â This comes after President Trump, escalating economic pressure, imposed a 25% tariff on Indian goods and warned of a potential 100% tariff on imports from countries dealing with Russia.
Indian officials, however, remain firm on maintaining ties with Moscow for oil purchases. The Indian Embassy in Washington has not responded, but sources told Reuters that New Delhi will not bow to threats. Miller noted Trump's "tremendous" relationship with PM Modi, but the strong rhetoric signals a shift. The stakes are high, and tensions are brewing as Trump's foreign policy sharpens its focus on global alignments.
#Trump #India #RussiaUkraineWar #RussianOil #StephenMiller #Modi #Tariffs #USIndiaTensions #OilImports #Geopolitics #BreakingNews #FoxNews #IndoPacific #TrumpAdministration #USIndiaRelations #EnergyCrisis #Reuters #TradeWar #Moscow #Ukraine
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Chaos erupts in Brazil as thousands of Bolsonaro supporters flood the streets of SĂŁo Paulo, waving U.S. flags and chanting "SOS Trump." The protests turned violent as demonstrators raged against President Lula and Supreme Court Justice Alexandre de Moraesâwho is presiding over Bolsonaro's coup trial.
In a stunning move, U.S. President Donald Trump imposed 50% tariffs on Brazilian imports and sanctioned the top judge, calling the trial a "witch hunt" against his far-right ally Bolsonaro. The political earthquake has triggered global backlash and ignited fears of escalating unrest across Latin America.
Watch the full report for on-ground protest visuals, Trumpâs statement, and what this means for BrazilâU.S. relations.
#Trump #Bolsonaro #BrazilProtests #SOSTrump #TrumpTariffs #Lula #AlexandreDeMoraes #BrazilNews #CoupTrial #BreakingNews #USBrazilRelations #GlobalPolitics #Sanctions #BolsonaroSupporters #TrumpSpeech
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Donald Trump issued a bold warning to BRICS nationsâBrazil, Russia, India, China, and South Africaâaccusing them of trying to âundermine the dollar.â Trump declared a 10% tariff would hit any country aligning with BRICS or challenging U.S. currency dominance. âThe dollar is king. Weâre going to keep it that way,â he asserted. The statement signals Trumpâs aggressive stance on global finance and hints at harsh penalties for nations embracing BRICSâ alternative trade frameworks or currency cooperation.
#TrumpVsBRICS #DollarIsKing #TrumpTariffs #BRICSWarning #USDollarDominance #CurrencyWar #TradeThreat #Geopolitics #Trump2024 #TrumpSpeech #GlobalFinance #BRICSEconomies #USSanctions #10PercentTariff #TrumpForeignPolicy #EconomicShowdown #BreakingNews #TrumpNews #BRICSExpansion #Dedollarization #CurrencyChallenge #TariffThreat #AmericaFirst #USVsBRICS
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