U.S. Customs Revenue Tops $100 Billion for First Time Amid Tariff Surge
US revenue from customs duties this fiscal year surpassed $100 billion for the first time, reflecting higher tariffs imposed by the Trump administration.
JOHANNESBURG, July 16 (Reuters) – South Africa’s Transnet on Friday said road closures and fuel and food shortages are constraining its supply chain despite improved operations at the ports of Durban and Richards Bay after days of unrest.
“The Port of Richards Bay has managed to clear all shipping backlogs. Terminal operations at the Port of Durban continue to improve,” the state logistics group said in a statement.
However, work to restart the suspended NATCOR rail line has been delayed due to remnants of looting activities strewn along the railway, Transnet said.
(Reporting by Tanisha Heiberg; editing by Jason Neely)
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