The Fort Worth Press - S.Africa says talks with Trump aim to salvage trade

USD -
AED 3.673021
AFN 64.99982
ALL 81.118144
AMD 360.743464
ANG 1.789785
AOA 917.000063
ARS 1540.330602
AUD 1.423508
AWG 1.8
AZN 1.697491
BAM 1.747272
BBD 2.014223
BDT 123.910645
BGN 1.747831
BHD 0.377301
BIF 2998.5
BMD 1
BND 1.28047
BOB 11.855935
BRL 5.418697
BSD 1.000054
BTN 95.138718
BWP 13.795445
BYN 2.941694
BYR 19600
BZD 2.011337
CAD 1.40138
CDF 2315.000224
CHF 0.82676
CLF 0.025048
CLP 989.039582
CNY 6.67805
CNH 6.667515
COP 3146.44
CRC 455.262182
CUC 1
CUP 24.001537
CVE 98.508503
CZK 21.759302
DJF 177.719857
DKK 6.67944
DOP 61.205437
DZD 135.069589
EGP 56.254699
ERN 15
ETB 163.804155
EUR 0.8937
FJD 2.235701
FKP 0.747708
GBP 0.74875
GEL 2.589585
GGP 0.747708
GHS 11.624993
GIP 0.747708
GMD 73.999871
GNF 8850.751336
GTQ 7.644581
GYD 209.560055
HKD 7.845494
HNL 26.849631
HRK 6.732899
HTG 130.986148
HUF 328.281503
IDR 18146
ILS 3.084145
IMP 0.747708
INR 95.14785
IQD 1515.082481
IRR 1832374.999783
ISK 121.890232
JEP 0.747708
JMD 158.771424
JOD 0.708957
JPY 157.425503
KES 129.849678
KGS 87.450229
KHR 4077.348116
KMF 439.500483
KPW 899.999961
KRW 1325.585002
KWD 0.31073
KYD 0.833426
KZT 450.973998
LAK 22507.604826
LBP 89554.609574
LKR 332.292546
LRD 170.008621
LSL 16.631453
LTL 2.95274
LVL 0.60489
LYD 6.412679
MAD 9.823022
MDL 17.971064
MGA 4541.901363
MKD 54.964674
MMK 2099.851486
MNT 3598.994658
MOP 8.08144
MRU 40.21459
MUR 47.129711
MVR 15.459748
MWK 1734.123669
MXN 18.561105
MYR 4.0861
MZN 63.909383
NAD 16.631602
NGN 1346.379766
NIO 36.798306
NOK 9.30779
NPR 152.221592
NZD 1.757191
OMR 0.384496
PAB 1.00004
PEN 3.44761
PGK 4.549069
PHP 63.924501
PKR 276.741666
PLN 3.935199
PYG 5764.978626
QAR 3.655709
RON 4.779396
RSD 105.016008
RUB 80.799646
RWF 1478.619383
SAR 3.744737
SBD 8.07458
SCR 13.855796
SDG 601.502503
SEK 9.94123
SGD 1.280355
SHP 0.7473
SLE 22.949737
SLL 20969.504398
SOS 571.489831
SRD 37.692009
STD 20697.981008
STN 21.887898
SVC 8.750692
SYP 13001.999685
SZL 16.625646
THB 33.769892
TJS 9.225574
TMT 3.51
TND 2.987372
TOP 2.40776
TRY 49.761501
TTD 6.796771
TWD 32.5625
TZS 2645.002982
UAH 45.657837
UGX 4480.338773
UYU 40.103811
UZS 11968.60664
VES 879.788899
VND 25842.5
VUV 118.791596
WST 2.767791
XAF 586.22858
XAG 0.018483
XAU 0.000248713839
XCD 2.70255
XCG 1.802377
XDR 0.707052
XOF 586.22858
XPF 106.5435
YER 236.098
ZAR 16.627497
ZMK 9001.198647
ZMW 20.135703
ZWL 321.999592
SSP 5745.299755
MXV 2.094078
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

S.Africa says talks with Trump aim to salvage trade
S.Africa says talks with Trump aim to salvage trade / Photo: © AFP/File

S.Africa says talks with Trump aim to salvage trade

Securing South Africa's trade ties with the United States will be a key aim of President Cyril Ramaphosa, who Monday began a Washington visit that will feature a meeting with Donald Trump, Ramaphosa's office said.

Text size:

Ramaphosa arrived late Monday accompanied by four cabinet ministers on the high-stakes visit. He is expected to meet Trump at the White House on Wednesday.

"The purpose of the visit is to reset and revitalise bilateral relations between South Africa and the United States (US)," read a statement issued by the Pretoria presidency.

"In this regard, the visit will focus specifically on reframing bilateral, economic and commercial relations," the statement added.

Ties between Pretoria and Washington have plummeted since Trump -- whose administration notably features South Africa-born Elon Musk at the head of the "Department of Government Efficiency" -- took office in January.

Ramaphosa's visit is seen as an attempt to reset the relationship.

A priority is securing trade relations in order to "protect jobs, grow the economy and expand employment opportunities", Agriculture Minister John Steenhuisen said before Ramaphosa arrived.

Ramaphosa was accompanied by his ministers for international relations, trade and agriculture and also his special envoy to the United States, Mcebisi Jonas.

The United States is South Africa's second-largest trading partner, behind China.

Trump's sweeping trade tariffs announced in April -- subsequently paused for 90 days -- included a levy of 31 percent on South African imports, which some industries say could result in massive lay offs.

Steenhuisen said of particular concern was the future of the African Growth and Opportunity Act (AGOA) which provides duty-free access to the US market for some African products.

There are fears that the Trump administration will end the agreement, which is up for renewal in September.

"Preferential trade agreements such as AGOA contribute significantly to our economy," Steenhuisen said in a statement.

"Losing these benefits would be disastrous for farmers, farm workers and the economy at large," he said.

With South African unemployment at around 32 percent, economic growth and job creation is also priority for Ramaphosa's government.

The president will also attempt to affirm that conspiracies of a "white genocide" are "patently false", his spokesman Vincent Magwenya said.

Trump's administration welcomed around 50 people from the Afrikaner community last week after claiming the white minority was under threat in the black-majority country.

Steenhuisen is a leader of the pro-business Democratic Alliance (DA) party that joined Ramaphosa's government of national unity, formed after last year's elections.

Ramaphosa is also expected to encourage Trump to attend the G20 summit of leading economies that South Africa hosts in Johannesburg in November and which the US president has threatened to skip.

L.Coleman--TFWP