South Africa: Trade deal negotiation with U.S. to avert looming tariffs by August 1

South Africa has chosen diplomacy over retaliation as tensions rise over U.S. trade tariffs. On July 29, 2025, the Ministry of Trade announced its intent to finalize a deal with Washington before a 30% tariff on South African exports takes effect on August 1. Talks include LNG imports, agricultural access, and joint investment in minerals and pharmaceuticals. Despite geopolitical friction, President Ramaphosa emphasized the nation’s commitment to protecting domestic interests while advancing a balanced, cooperative trade strategy that supports long-term economic ties with the United States. Negotiations remain ongoing with hopes of reaching consensus.