South African car exports to the United States dropped sharply in the first quarter of 2025, and tumbled more than 80% in April and May after import tariffs imposed by U.S. President Donald Trump hit automakers' sales,

In opening remarks, South Africa's Finance Minister Enoch Godongwana said the G20 must provide strategic global leadership, cooperation and action in the face of complex challenges.

President Cyril Ramaphosa says South Africa will continue with its diplomatic efforts towards a more balanced and mutually beneficial trade relationship with the US after having received a letter from President Donald Trump indicating that a 30% tariff will be imposed on South African goods from August 1.