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South Africa's $3.64B mineral exports to the US threatened by potential high tariffs.
South Africa's mineral exports to the US, valued at $3.64 billion, may face high tariffs, prompting the country to seek new markets.
Minister Gwede Mantashe stated this at a G20 meeting, noting South Africa is the world's top producer of platinum group metals.
The US is investigating these metals, possibly leading to import levies.
Mantashe also urged African nations to develop local mineral processing to maximize economic benefits and avoid tariffs on finished goods.
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Las exportaciones minerales de Sudáfrica de $3.64B a los EE.UU. amenazadas por posibles aranceles altos.