South African wineries hit by 30 percent US tariffs

South Africa | Vintners are bracing for a hit, after a 30 percent US tariff left them at a sharp disadvantage to their international rivals, the Financial Times reported on 8 August. Africa’s largest economy exports more than half of its wine production, valued at USD 500 million per year. The US was its fourth-largest market in 2024, after the UK, Germany and the Netherlands.

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