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South Africa is cautiously optimistic about trade negotiations with the U.S. and has submitted a revised proposal to the U.S.
On September 19, Jin10 reported that one month after Trump imposed a 30% tariff on South African export goods, South Africa expressed a cautiously optimistic attitude towards the progress of trade negotiations with the United States. In a statement released on Friday, the South African Department of Trade indicated that after three days of negotiations between both teams, South African Trade Minister Parks Tau and U.S. Trade Representative Greer held a "friendly and constructive" meeting. Prior to this meeting, South Africa and the U.S. had experienced months of tense relations. The South African government revealed that its trade team had submitted a revised proposal to the Trump administration, which included "facilitating the sale of chicken and pork by U.S. companies in South Africa" and "committing to purchase liquefied natural gas from the U.S." According to data from the International Monetary Fund, the total bilateral trade between South Africa and the U.S. is expected to reach $21.6 billion in 2024, with South Africa achieving a trade surplus of $7.7 billion.
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