# Cosatu says the 30-percent tariff imposed by the US on South African exports will have a devastating impact on local companies and threaten jobs. US president Donald Trump announced global baseline tariffs of ten-percent, with rates even higher for 60 countries including South Africa. Cosatu’s, Matthew Parks, says this requires expedited discussions between the South […]
# The EFF says the so-called reciprocal tariffs by the US on South Africa and other countries is an extractive mechanism designed to coerce sovereign nations into subjugation under America’s economic dominance. President Donald Trump has imposed a 30-percent tariff on South African exports to the US. The EFF says engaging in retaliatory tariff wars […]
# Die minister van Handel, Nywerheid en Mededinging, Parks Tau, sê Suid-Afrika en ander Afrikanasies moet hul handelsportefeulje afwissel. Dit volg nadat president Donald Trump van Amerika omvattende tariewe teen lande ingestel het, onder meer 30-persent op Suid-Afrikaanse goedere wat na Amerika uitgevoer word. Tau het gister by die Gautengse Beleggingskonferensie gesê hulle sal met […]
# Die minister van Handel, Nywerheid en Mededinging, Parks Tau, sê Suid-Afrika gaan nie ʼn wraakhouding inneem in reaksie op die nuwe wêreldwye tariewe wat Amerika ingestel het nie. President Donald Trump het Woensdag ʼn basiese tarief van tien-persent op alle invoere na Amerika ingestel, terwyl 60 lande, insluitend Suid-Afrika, selfs hoër tariewe moet betaal. […]
# US president Donald Trump insists that his global tariffs package will boost the economy. All three major US stock markets closed down on Thursday, their worst day since June 2020. The tech-heavy Nasdaq fell six-percent, while the S&P 500 and the Dow dropped 4.8-percent and 3.9-percent respectively. The global markets also fell sharply. Trump […]
# Minister of Trade, Industry, and Competition, Parks Tau, says South Africa and other African nations need to diversify their trade portfolio. This is in the wake of US president Donald Trump imposing sweeping global tariffs including 30-percent on South African goods exported to America. Speaking on the sidelines of the Gauteng Investment Conference on […]
# Minister of Trade, Industry, and Competition, Parks Tau, says South Africa will not be adopting a retaliatory stance in response to the new global tariffs imposed by the US. President Donald Trump announced a baseline ten-percent tariff on all US imports on Wednesday, with 60 countries, including South Africa, subject to higher rates. Speaking […]
# Die Mineraleraad van Suid-Afrika het kommer uitgespreek oor die moontlike uitwerking van die VSA se nuwe 30-persent-tariewe op sekere uitvoere. Sleutelminerale soos platinum, goud en steenkool word van die tariewe uitgesluit, maar ystererts en diamante word ondermeer geraak. Allan Seccombe van die raad waarsku globale handelsontwrigtings kan sakesentiment en ekonomiese groei knou, veral in […]
# The Minerals Council South Africa has expressed concerns over the potential impact of the US’s new 30-percent tariffs on some exports. While key minerals like platinum, gold, and coal are excluded from the tariffs, items such as iron ore and diamonds will be affected. The council’s Allan Seccombe warns global trade disruptions could hurt […]
