South Africa Trade Minister Says On Verge of Tariff Deal with US

South African Trade Minister Parks Tau has indicated that a trade deal between South Africa and the United States is imminent, though he did not provide any specific details about the agreement. The announcement comes amidst ongoing trade tensions between the two countries, particularly regarding the African Growth and Opportunity Act (AGOA), which provides duty-free access for certain African exports to the US market. While Tau expressed optimism about the potential deal, he refrained from elaborating on the terms or the timeline for its finalization. The impending agreement is seen as an important step in maintaining and strengthening the economic relationship between South Africa and the United States, which is a significant trading partner for the African nation. However, the exact nature and scope of the deal remain unclear, pending further official announcements or disclosures from the relevant authorities.