Ramaphosa and Trump agree to further trade talks amid U.S. tariffs - video Dailymotion

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5 months ago

Ramaphosa and Trump agree to further trade talks amid U.S. tariffs

The call comes against the backdrop of a 30% U.S. tariff imposed on South African imports, which has triggered serious economic concerns at home

READ MORE : http://www.africanews.com/2025/08/07/ramaphosa-and-trump-agree-to-further-trade-talks-amid-us-tariffs

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00:00President Cyril Ramaphosa of South Africa held a telephone conversation with U.S. President Donald Trump on August 6, 2025,

00:07focusing on bilateral trade issues and ongoing negotiations.

00:11Despite recent setbacks over high tariffs, both leaders committed to continuing discussions through their trade teams.

00:19The call comes against the backdrop of a 30% U.S. tariff imposed on South African imports,

00:26which has triggered serious economic concerns at home.

00:29To mitigate the fallout, Pretoria has launched an export support desk and is crafting a support package

00:36aimed especially at the automotive and agriculture sectors, which together may risk tens of thousands of jobs.

00:44Meanwhile, the South African rent showed resilience, gaining ground thanks to rising gold prices,

00:51and a weaker U.S. dollar, with the local currency trading around 17.69 to the dollar.

01:00You're welcome.

01:00Thanks for listening.

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