US imposes new 12% tariff on South African exports: Yavi Madurai weighs in

The United States enacted its Section 301 tariffs today imposing 10% to 12.5% tariffs on countries it deems to have committed forced labour violations, including South Africa.

South Africa was grouped alongside major economies, including China, Japan, and South Korea, after the Office of the United States Trade Representative (USTR) determined that its enforcement of bans on forced-labour imports was inadequate.

The tariffs form part of a broader action against 60 economies that the Trump administration says have failed to effectively prohibit the importation of goods made with forced labour.

For more on this we are joined by Trade specialist and African Prosperity Fund President Yavi Madurai.

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