South Africa Eyes More Trade with Asia as Trump’s Tariffs Bite

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Bloomberg
8 hours ago
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YoyoFeed Ai Summarized
South Africa is looking to increase its trade with Asian countries because of tariffs imposed by US President Donald Trump. Deputy Trade Minister Zuko Godlimpi stated that the country's export concentration on a few markets and reliance on raw materials necessitates a more diversified trade strategy. Godlimpi specifically pointed to Southeast Asia as a region with significant opportunities for South Africa. The goal is to expand trade relationships beyond current key markets and shift towards exporting more value-... download the app to read more

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