# The imposition of a 30-percent US tariff on South African goods, the country’s third-largest trading partner, poses a significant threat, especially on primary export sectors, notably minerals and automotive manufacturing. This is according to Aluma Capital chief economist Frederick Mitchell. He says potential declines in exports of precious metals and machinery could lead to job cuts and de-industrialisation, undermining long-term economic stability. Mitchell says government needs to foster a resilient trade policy framework, support the manufacturing sector, and maintain fiscal discipline.
An economist says government needs to foster a resilient trade policy framework