Core Insights - The International Monetary Fund (IMF) indicates that global financial conditions have improved due to some trade agreements that have lowered average tariffs [1] Group 1 - The reduction in average tariffs has contributed to better global financial conditions [1]

Group 1 - The South African government maintains that a 30% reciprocal tariff does not accurately reflect current trade data [1] - According to the interpretation of existing trade data, the average tariff on goods imported into South Africa is 7.6% [1]