# The Western Cape province has downscaled economic growth targets amid 30-percent US tariffs. Agriculture, Economic Development and Tourism MEC, Ivan Meyer, seeks to reduce the province’s GDP growth ambitions from five-percent to three-percent annually by 2035. The province’s one-trillion-rand Growth for Jobs target is now revised to 700- to 800-billion-rand. The MEC emphasised prioritising job creation, energy security, infrastructure development, and investment attraction. In addition he aims to create 600-thousand jobs and boost exports, research, and venture capital over the next decade.
Western Cape downscales economic growth targets amid US tariffs