Rob Davies says SA’s meat producers could sue the US if it imposes aluminium tariffs
South African meat producers could consider litigation against the US if it imposes new tariffs on aluminium-based exports such as vehicles, Trade and Industry Minister Rob Davies said. Amid a threat of a global trade war, the US and its African counterparts are discussing the African Growth and Opportunity Act (Agoa), a preferential-trade programme that enhances market access to the US for about 40 sub-Saharan nations by eliminating import levies on more than 7,000 products ranging from textiles to manufactured items. In 2016, SA retained preferential access for its farming goods to the world’s biggest market after meeting benchmarks set by US president Barack Obama to allow the import and sale of US meat products. SA is the largest nonoil-exporting beneficiary under Agoa and the bulk of its shipments under the accord are vehicles and car parts. SA’s government is concerned that the US is considering a new wave of tariffs that could be extended to the vehicle industry, which is one...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.