South African Car Exports Show Grit As Trump Tariffs Bite

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south african car exports show grit as trump tariffs bite

According to motoring industry group Naamsa also known as the Automotive Business Council, South Africa's year-to-date vehicle exports are up 2.5 compared to the same time last year. This is despite the imposition of a 25 tariff into the US market taking effect in April.

South African goods previously enjoyed duty-free access to the US market under the African Growth and Opportunity Act Agoa.

Naamsa said supply-chain adjustments by manufacturers and the diversification of destination markets contributed to the positive uptick.

"South Africa's automotive industry has long relied on the strength of its export engine to drive production, attract investment and create high-value employment. The current environment has tested that model, but our ability to maintain solid export volumes amid escalating trade uncertainty demonstrates the commitment of our OEMs original equipment manufacturers to South Africa's industrial base," said Naamsa CEO Mikel Mabasa in a statement.

"The desk will provide updates on developments and tailored advisory services to exporters on alternative destinations, guidance on market entry processes, insights into compliance requirements and linkages to South African embassies and high commissions abroad," the trade ministry said in a statement.

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