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International Business Times

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S.Africa Eyes New Markets After US Tariffs: President

United States Africa Cyril Ramaphosa South Africa The United States Donald Trump Ronald Lamola Asia

South African President Cyril Ramaphosa met US President Donald Trump earlier in the year but relations between the two countries are in tatters over numerous issues, including US trade tariffs (Credit: AFP)

South Africa is seeking new markets in Africa and Asia as it negotiates with the United States over looming 30-percent trade tariffs, which could cost around 30,000 jobs, officials said Monday.

Government ministers expressed frustration with the United States over the tariff -- among those due to take effect against several countries later this week -- saying South African exports do not compete with US industry and were only a fraction of that country's total imports.

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