US tariffs punish South African winemakers - News Summed Up

US tariffs punish South African winemakers


US tariffs punish South African winemakersBloombergTariffs imposed on South African agricultural products by the US are spiking the price of South African wine in the world’s biggest market, making it less competitive and reducing export volumes. South African wine and fruit producers are feeling the impact of US duties of as much as 30 percent on some agricultural goods. The US is South Africa’s second-biggest trading partner by country after China. South Africa is the US’ largest trading partner on the African continent with more than 500 US businesses and 30,000 US citizens based in the country. Brent Bozell, 70, needs to present his credentials to South African President Cyril Ramaphosa before officially taking up his post.


Source: Taipei Times February 17, 2026 17:15 UTC



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