
Trump hits back with tariff warning
He said in a post on truth social that the US would impose an additional 10% tariff on any countries aligning themselves with the BRICS group of nations and what he calls its Anti American policies.
President Cyril Ramaphosa is among leaders attending the BRICS summit that kicked off in Brazil yesterday.
South Africa is already facing tariffs of up to 30% on exports to the US if a deal is not struck.
Trump's deadline arrives in two days time.
The US President announced retaliatory tariffs earlier in the year but then said they were suspended for most countries until 9 July.
In the meantime several nations have signed trade deals with America which reduces their tariffs in relation to those first announced, but there's been no news of such a deal with South Africa.

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eNCA
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Daily Maverick
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Dear Mzansi, embrace your pride in SA; you're doing a better job than the US
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IOL News
4 hours ago
- IOL News
ANC appeals to US Democrats to prevent sanctions against its leaders
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