South African President Cyril Ramaphosa said on Tuesday his country is in talks with a U.S. trade representative to reduce tariffs levied by U.S. President Donald Trump after telling world leaders that “trade is now being used as a weapon.”<\/p>\n
The U.S. is South Africa’s partner. Trump in August imposed a on imports from South Africa after Ramaphosa’s government made several unsuccessful attempts to secure a trade agreement.<\/p>\n
“We want tariffs that President Trump is seeking to levy on us and has already started, to be reduced,\u201d Ramaphosa told the Council on Foreign Relations in New York.<\/p>\n
Ramaphosa likened trade to a weapon earlier in the day, in remarks delivered at the U.N. General Assembly.<\/p>\n
“Geopolitical shocks and unprecedented trade policy volatility are destabilizing the global economy and jeopardizing a critical source of development finance,” he said. “In fact, trade is now being used as a weapon against a number of countries in the world.”<\/p>\n
Ramaphosa also said the African Growth Opportunity Act (AGOA) treaty should continue, a preferential trade deal, offering duty-free quota-free access for thousands of products for 32 African nations. Last year, AGOA did not get a vote in Congress.<\/p>\n
Trump’s return to the White House in January has further cast doubt on an extension, due to his tariff-driven trade stance.<\/p>\n
South Africa, the continent’s most industrialized economy, enjoyed the lion’s share of the benefit.<\/p>\n","protected":false},"excerpt":{"rendered":"
South African President Cyril Ramaphosa said on Tuesday his country is in talks with a U.S. trade representative to reduce tariffs levied by U.S. President Donald Trump after telling world leaders that “trade is now being used as a weapon.” The U.S. is South Africa’s partner. Trump in August imposed a on imports from South […]<\/p>\n","protected":false},"author":1,"featured_media":17962,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","number_popup_post":"1","show_post_related":"1","show_inline_post_related":"1"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","source_name":"Reuters","subtitle":""},"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[32,2362,30],"tags":[218,1643,122],"class_list":["post-17961","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-featured","category-southern-africa","tag-cyril-ramaphosa","tag-donald-trump","tag-south-africa"],"_links":{"self":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts\/17961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/comments?post=17961"}],"version-history":[{"count":0,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/posts\/17961\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/media\/17962"}],"wp:attachment":[{"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/media?parent=17961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/categories?post=17961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qiraatafrican.com\/en\/wp-json\/wp\/v2\/tags?post=17961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}