Asia - Pacific

US tariffs highlight need to diversify markets, South African president tells Japan summit

'Africa is not seeking aid. It is seeking partners,' Cyril Ramaphosa says at 9th Tokyo International Conference on African Development in Yokohama

Saadet Gökce  | 21.08.2025 - Update : 21.08.2025
 US tariffs highlight need to diversify markets, South African president tells Japan summit South African President Cyril Ramaphosa and leaders from African countries stand before a photo session for the Ninth Tokyo International Conference on African Development (TICAD IX) in Yokohama, near Tokyo, Japan, on August 20, 2025.

ISTANBUL

South Africa's President Cyril Ramaphosa on Thursday said the US tariffs highlight the need for diversified markets at the Japan summit.

"Recent tariff actions by the United States on African goods have highlighted the need to diversify our export markets," Ramaphosa said at the 9th Tokyo International Conference on African Development (TICAD 9), held in Yokohama, near Tokyo.

The event hosts representatives, including presidents, prime ministers, and foreign ministers from nearly 50 African nations.

Ramaphosa called on Japan to support "tariff cooperation to ease market access for African goods," according to a readout issued by the South African government.

South African goods are currently subject to 30% tariffs by the US.

"South Africa seeks to deepen intra-African trade while becoming a continental industrial platform from which Japanese and other global firms can export into Africa," he said, expressing a desire for partnerships in infrastructure, energy, and digital development through blended finance.

"Africa is not seeking aid. It is seeking partners," he remarked.

"Africa must not merely react" to the global economic uncertainty and reshaping of trade but "must help to shape them," Ramaphosa said.


Anadolu Agency website contains only a portion of the news stories offered to subscribers in the AA News Broadcasting System (HAS), and in summarized form. Please contact us for subscription options.