South Africa Plans Aid in Bid to Shield Firms From Trump Tariffs

South Africa’s government is preparing a package to support companies vulnerable to US reciprocal tariffs as it continues talks with Washington on a new trade deal.

President Donald Trump on Thursday imposed a 30% tariff on imports from South Africa — the highest in sub-Saharan Africa — among a slew of levies that are being introduced in his revised global plan. South Africa noted the duties “with concern,” President Cyril Ramaphosa said in a statement.