South Africa proposes 20% import tariff on peanut butter while warning retailers against unjustified price hikes
South Africa’s trade authorities have recommended a 20% import tariff on peanut butter in a move aimed at strengthening local manufacturers, while issuing a firm warning that businesses should not use the higher duty as justification for increasing consumer prices without legitimate cost increases. The recommendation, made by the International Trade Administration Commission (ITAC), seeks…
