Its not yet clear whether South Africa and the US have reached a deal on tariffs.
This follows US President Donald Trumps imposition of a 30 tariff on imported South African products with effect from today if a deal is not reached.
South Africa faces the highest rate in sub-Saharan Africa.
Other African nations, including Nigeria, Ghana, Lesotho and Zimbabwe have been hit with 15 tariff each.
Meanwhile, ANC Secretary-General Fikile Mbalula says South Africa will not abandon its policies to appease the US.