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South Africa should shift export focus from US trade to diversification | SA News

In the wake of the trade friction presented by US President Donald Trump’s latest adjustment to his “Liberation Day” import tariffs, which are now at about 30% and pose profound challenges for SA exporting businesses, the government has signalled that work will soon begin on an export diversification strategy for the country. This would be a way to spread the risk, given that trade fragmentation remains a persistent global theme.

However, since May, much of the effort by the SA authorities has been focused on US issues, with limited work on the export diversification approach. This should not have been the case; the ideal approach is a simultaneous process, where export diversification…

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