South Africa’s government is putting the final touches to an overarching package that aims to shield businesses against the fallout from punitive US trade tariffs and plans to present it to lawmakers later this week.

South Africa is seeking new markets in Africa and Asia as it negotiates with the United States over looming 30% trade tariffs.

South Africa, which has a strained relationship with President Trump, is the only African country singled out in the announcement with a 30% tariff increase on August 7.