Sa Working On Counter-offer For New Us Tariffs: Parks Tau

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sa working on counteroffer for new us tariffs parks tau

New United States US tariff rates have taken effect for dozens of countries, including South Africa.

The countries have not yet reached a trade deal with the US.

The rates have been set at 30 for South Africa .

Meanwhile the Trade, Industry and Competition Minister, Parks Tau, says his department is working around the clock to make a counteroffer to the US.

He says trade officials in President Donald Trumps administration only responded to his departments export tariff proposals on Wednesday night after contacting them two weeks ago.

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