South Africa’s Exports To The United States Massively Impacted After Tariffs Announcement In April
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Guest – Donald MacKay, CEO of XA Global Trade Advisors
The United States’ Census Bureau’s latest data on international trade in goods and services shows that South African exports to the country plummeted after tariffs were announced.
The US Census Bureau releases the U.S. International Trade in Goods and Services report in collaboration with the US Bureau of Economic Analysis (BEA). Its data showed that South Africa’s exports to the United States in January, February, and March 2025 averaged $2,333 million per month.
However, after US President Donald Trump’s ‘Liberation Day’ announcement on 2 April 2025 that South Africa will be hit with higher tariffs, things changed.
The United States’ Census Bureau’s latest data on international trade in goods and services shows that South African exports to the country plummeted after tariffs were announced.
The US Census Bureau releases the U.S. International Trade in Goods and Services report in collaboration with the US Bureau of Economic Analysis (BEA). Its data showed that South Africa’s exports to the United States in January, February, and March 2025 averaged $2,333 million per month.
However, after US President Donald Trump’s ‘Liberation Day’ announcement on 2 April 2025 that South Africa will be hit with higher tariffs, things changed.