# 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 African and US governments and a mutually beneficial reset of relations, underpinned by healthy and expanding two-way trade and investment opportunities:
Cosatu concerned about the impact of the new US tariffs on SA [SOUND]
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