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Automotive Business Council assesses impact of US tariffs on South African exports

# The Automotive Business Council is evaluating the potential impact of a 25-percent tariff imposed on vehicles and vehicle parts imported into the US. South Africa benefits from duty-free access under the African Growth and Opportunity Act. The council is engaging with stakeholders to assess if these preferences are affected. The US was South Africa’s third-largest automotive export market in 2023, with a value of 28-billion-rand.