• Education
    • Higher Education
    • Scholarships & Grants
    • Online Learning
    • School Reforms
    • Research & Innovation
  • Lifestyle
    • Travel
    • Food & Drink
    • Fashion & Beauty
    • Home & Living
    • Relationships & Family
  • Technology & Startups
    • Software & Apps
    • Startup Success Stories
    • Startups & Innovations
    • Tech Regulations
    • Venture Capital
    • Artificial Intelligence
    • Cybersecurity
    • Emerging Technologies
    • Gadgets & Devices
    • Industry Analysis
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy
Today Headline
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
  • Home
  • World News
    • Us & Canada
    • Europe
    • Asia
    • Africa
    • Middle East
  • Politics
    • Elections
    • Political Parties
    • Government Policies
    • International Relations
    • Legislative News
  • Business & Finance
    • Market Trends
    • Stock Market
    • Entrepreneurship
    • Corporate News
    • Economic Policies
  • Science & Environment
    • Space Exploration
    • Climate Change
    • Wildlife & Conservation
    • Environmental Policies
    • Medical Research
  • Health
    • Public Health
    • Mental Health
    • Medical Breakthroughs
    • Fitness & Nutrition
    • Pandemic Updates
  • Sports
    • Football
    • Basketball
    • Tennis
    • Olympics
    • Motorsport
  • Entertainment
    • Movies
    • Music
    • TV & Streaming
    • Celebrity News
    • Awards & Festivals
  • Crime & Justice
    • Court Cases
    • Cybercrime
    • Policing
    • Criminal Investigations
    • Legal Reforms
No Result
View All Result
Today Headline
No Result
View All Result
Home World News Africa

South Africa’s Play to Ease Tensions With Trump: A New Trade Deal

March 5, 2025
in Africa
Reading Time: 4 mins read
A A
0
South Africa’s Play to Ease Tensions With Trump: A New Trade Deal
4
SHARES
8
VIEWS
Share on FacebookShare on Twitter


South Africa is preparing a new trade offer to present to President Trump, hoping to appeal to his transactional approach to foreign policy and ease boiling tensions with Washington, a spokesman for South Africa’s president said this week.

The spokesman, Vincent Magwenya, said in an interview that South African officials are anticipating Mr. Trump will call for an end to the African Growth and Opportunity Act, a decades-old trade agreement that has been an economic boon to the 32 African nations that it includes.

The act allows billions of dollars worth of goods — from produce to cars — from sub-Saharan Africa to enter the United States without duties. It is scheduled to expire this year but could be reauthorized by Congress.

Although officials in South Africa hope the program will be renewed, they plan to offer the United States a bilateral deal that would increase trade in sectors such as energy, Mr. Magwenya said.

A future without the African Growth and Opportunity Act would represent a significant shift for the continent’s largest economy. South Africa has for years lobbied against threats to expel it from the program on the grounds that its economy had grown too advanced. .

South African officials argue that the African Growth and Opportunity Act has kept businesses confident in the South African economy, helped maintain stability across the continent and fostered a healthy relationship with the United States.

Relations between South Africa and the United States were upended last month when Mr. Trump accused the country of using a new land law to discriminate against white citizens. President Cyril Ramaphosa of South Africa fired back, accusing Mr. Trump of spreading misinformation.

The land bill allows the South African government to take privately owned land without providing compensation, though supporters say any such seizures would be rare and subject to strict judicial review.

In response, Mr. Trump signed an executive order freezing American aid to South Africa. The order also criticized Mr. Ramaphosa’s government for accusing Israel of genocide in Gaza and for developing a nuclear agreement with Iran.

In the weeks since the executive order was signed, South African leaders have debated how to respond.

Mr. Ramaphosa’s administration decided a renegotiated trade deal with the United States — South Africa’s second-largest trading partner behind China — could lead to a thaw.

“When you take a step back and you put the emotions aside, you realize there’s an opportunity here to reset the relationship,” Mr. Magwenya said. “There is enough substance from a trade point of view for us to be able to do that.”

One option under consideration is to increase cooperation between the two countries on gas, with the United States getting more access to gas exploration in South Africa and South Africa sourcing more of its gas from America, he said. The proposal also would include a plan for what South Africa would consider fair tariffs, he said.

While South African officials are betting that a favorable trade deal will convince Mr. Trump to work with them, serious obstacles remain.

Emma Louise Powell, a South African lawmaker who met with the Trump administration and members of Congress in Washington last week, said she had been warned South Africa should expect further punitive actions from the United States.

Ms. Powell led a delegation sent by the Democratic Alliance, the second-largest party in South Africa’s governing coalition. It was not an official government mission, but was intended to help de-escalate tensions and learn what South Africa could do to repair the relationship with the United States, Ms. Powell said.

The delegation did not receive a definitive answer, Ms. Powell said, but “it is clear that a significant amount of work needs to be done to rebuild trust.”

During Joseph R. Biden Jr.’s presidency, lawmakers on both sides of the aisle called on the United States to punish South Africa for its foreign policy decisions, including maintaining ties to Hamas and Russia. They also criticized the country for supporting Iran’s bid to join BRICS, the economic coalition with Brazil, Russia, India, China and South Africa.

The Trump administration has taken its frustration with South Africa even further. It has embraced the cause of some white South Africans who argue that they are discriminated against by laws meant to address stark racial inequalities lingering from apartheid.

Mr. Magwenya, the spokesman, said that when South Africa has a trade deal to offer Mr. Trump, the country would also engage the administration on other contentious issues, such as the land bill. South African officials believe a favorable economic deal will convince Mr. Trump that it is in the interest of the United States to maintain close trade ties, despite disagreements over other policies, Mr. Magwenya said.

In 2023, South Africa exported $13.9 billion worth of goods to the United States, with just under a quarter of it going through the preferential African trade program. Although South Africa takes in much less — $7.2 billion in 2023 — from the United States than it sends out, it was the biggest importer of American goods in sub-Saharan Africa.



Source link

Tags: AfricaBRICS GroupCyrilDemocratic Alliance (South Africa)Donald JInternational RelationsInternational Trade and World MarketRamaphosaSouth AfricaTrumpUnited States International Relations
Previous Post

Trump called the CHIPS Act a ‘horrible thing.’ Cutting off funding might not be so straightforward.

Next Post

Macron seeks talks on how French nuclear weapons could protect Europe

Related Posts

JPMorgan’s Dimon warns of stagflation risk: Report

JPMorgan’s Dimon warns of stagflation risk: Report

May 22, 2025
4

Who Is Julius Malema, the South African Politician in the White House Video?

May 22, 2025
9
Next Post
French President Emmanuel Macron at the Elysee Palace on Wednesday

Macron seeks talks on how French nuclear weapons could protect Europe

  • Trending
  • Comments
  • Latest
Family calls for change after B.C. nurse dies by suicide after attacks on the job

Family calls for change after B.C. nurse dies by suicide after attacks on the job

April 2, 2025
Pioneering 3D printing project shares successes

Product reduces TPH levels to non-hazardous status

November 27, 2024

Hospital Mergers Fail to Deliver Better Care or Lower Costs, Study Finds todayheadline

December 31, 2024

Police ID man who died after Corso Italia fight

December 23, 2024
Harris tells supporters 'never give up' and urges peaceful transfer of power

Harris tells supporters ‘never give up’ and urges peaceful transfer of power

0
Des Moines Man Accused Of Shooting Ex-Girlfriend's Mother

Des Moines Man Accused Of Shooting Ex-Girlfriend’s Mother

0

Trump ‘looks forward’ to White House meeting with Biden

0
Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

Catholic voters were critical to Donald Trump’s blowout victory: ‘Harris snubbed us’

0

FAA provides final approval for next Starship launch

May 22, 2025
Research illuminates growing extinction threat for southern resident orcas

Environmental groups join WA lawsuit against Trump cuts to EV chargers

May 22, 2025
Auxira Health launches virtual cardiology model

Auxira Health launches virtual cardiology model

May 22, 2025
Deported immigrants, mostly Asian and Latino, will be in Djibouti for 2 weeks, White House says

Deported immigrants, mostly Asian and Latino, will be in Djibouti for 2 weeks, White House says

May 22, 2025

Recent News

FAA provides final approval for next Starship launch

May 22, 2025
1
Research illuminates growing extinction threat for southern resident orcas

Environmental groups join WA lawsuit against Trump cuts to EV chargers

May 22, 2025
3
Auxira Health launches virtual cardiology model

Auxira Health launches virtual cardiology model

May 22, 2025
4
Deported immigrants, mostly Asian and Latino, will be in Djibouti for 2 weeks, White House says

Deported immigrants, mostly Asian and Latino, will be in Djibouti for 2 weeks, White House says

May 22, 2025
4

TodayHeadline is a dynamic news website dedicated to delivering up-to-date and comprehensive news coverage from around the globe.

Follow Us

Browse by Category

  • Africa
  • Asia
  • Basketball
  • Business & Finance
  • Climate Change
  • Crime & Justice
  • Economic Policies
  • Elections
  • Entertainment
  • Entrepreneurship
  • Environmental Policies
  • Europe
  • Football
  • Gadgets & Devices
  • Health
  • Medical Research
  • Mental Health
  • Middle East
  • Motorsport
  • Olympics
  • Politics
  • Public Health
  • Relationships & Family
  • Science & Environment
  • Software & Apps
  • Space Exploration
  • Sports
  • Stock Market
  • Technology & Startups
  • Tennis
  • Travel
  • Uncategorized
  • Us & Canada
  • Wildlife & Conservation
  • World News

Recent News

FAA provides final approval for next Starship launch

May 22, 2025
Research illuminates growing extinction threat for southern resident orcas

Environmental groups join WA lawsuit against Trump cuts to EV chargers

May 22, 2025
  • Education
  • Lifestyle
  • Technology & Startups
  • About us
  • Contact
  • Advertise with Us
  • Privacy & Policy

© 2024 Todayheadline.co

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business & Finance
  • Corporate News
  • Economic Policies
  • Entrepreneurship
  • Market Trends
  • Crime & Justice
  • Court Cases
  • Criminal Investigations
  • Cybercrime
  • Legal Reforms
  • Policing
  • Education
  • Higher Education
  • Online Learning
  • Entertainment
  • Awards & Festivals
  • Celebrity News
  • Movies
  • Music
  • Health
  • Fitness & Nutrition
  • Medical Breakthroughs
  • Mental Health
  • Pandemic Updates
  • Lifestyle
  • Fashion & Beauty
  • Food & Drink
  • Home & Living
  • Politics
  • Elections
  • Government Policies
  • International Relations
  • Legislative News
  • Political Parties
  • Africa
  • Asia
  • Europe
  • Middle East
  • Artificial Intelligence
  • Cybersecurity
  • Emerging Technologies
  • Gadgets & Devices
  • Industry Analysis
  • Basketball
  • Football
  • Motorsport
  • Olympics
  • Climate Change
  • Environmental Policies
  • Medical Research
  • Science & Environment
  • Space Exploration
  • Wildlife & Conservation
  • Sports
  • Tennis
  • Technology & Startups
  • Software & Apps
  • Startup Success Stories
  • Startups & Innovations
  • Tech Regulations
  • Venture Capital
  • Uncategorized
  • World News
  • Us & Canada
  • Public Health
  • Relationships & Family
  • Travel
  • Research & Innovation
  • Scholarships & Grants
  • School Reforms
  • Stock Market
  • TV & Streaming
  • Advertise with Us
  • Privacy & Policy
  • About us
  • Contact

© 2024 Todayheadline.co