# Minister of Trade, Industry, and Competition, Parks Tau, says South Africa will not be adopting a retaliatory stance in response to the new global tariffs imposed by the US. President Donald Trump announced a baseline ten-percent tariff on all US imports on Wednesday, with 60 countries, including South Africa, subject to higher rates. Speaking on the sidelines of the Gauteng Investment Conference on Thursday, Tau said ties between SA and the US are not merely transactional but are built on mutual respect:
Minister Tau says SA won’t be taking a posture of retaliatory tariffs against the US [SOUND]
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