July 2025

8 July 2025 – President Donald Trump on Monday, 7 July, imposed a 30% tax on goods imported from South Africa, citing persistent trade imbalances. He announced on his media platform, Truth Social, that the tariffs will take effect on 1 August. The Associated Press (AP) reported on Monday evening, Central African Time, that the […]

7 July 2025 – South Africa has asked for more time to negotiate a trade deal with U.S. President Donald Trump’s administration before his higher tariff regime goes into effect on July 9, trade ministry said. Trump imposed a 31% tax on U.S. imports from South Africa in April as part of his global “reciprocal”

4 July 2025 – South Africa must accelerate structural reforms to offset global challenges that include US President Donald Trump’s trade war, the African Development Bank said as it cut the nation’s economic forecast. It lowered its forecast for Africa’s most-industrialised economy to a meager 0.8% this year from a previous estimate of 1.6%, the

2 July 2025 – Global air cargo demand grew by 2.2% year-on-year in May despite a double-digit drop in the Asia-North America trade lane driven by shifting US trade policies. This is according to the latest IATA data. The demand increase, measured in cargo tonne-kilometres (CTK) slightly outpaced a 2% rise in capacity, measured in

1 July 2025 -ccording to the South African Revenue Service (Sars), South Africa recorded a preliminary trade balance surplus of R21.7-billion in May, which was attributable to exports of R175.7-billion and imports of R154.1-billion, inclusive of trade with Botswana, Eswatini, Lesotho and Namibia (BELN). From January 1 to May 31, the preliminary trade balance surplus