US EditionSouth Africa plans measures to support exporters hit by Trump tariffs
SOUTH AFRICA, AUG 2 – South Africa faces potential loss of 100,000 jobs as U.S. tariffs hit key sectors including agriculture, automotive, and textiles, worsening an already fragile economy, officials said.
- The 30% tariff on South African exports begins next Thursday, imposed via executive order by President Donald Trump, taking effect then.
- Under a July 31 executive order, the White House justified tariffs as necessary to correct trade imbalances and security priorities, while Trump accused South Africa of land seizures and a 'genocide' against its white minority.
- South African export-linked sectors face an immediate risk as the tariffs could lead to the loss of 100,000 jobs and threaten a 20–30% drop in U.S. automotive sales.
- The Department of Trade, Industry and Competition will hold urgent talks after SAFTU condemned the tariffs and called for a national emergency meeting.
- South African trade analysts warn the tariffs may disrupt supply chains and could cut 0.3% from GDP in 2025.
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US President Donald Trump's customs policy employs many countries around the world. The example of an African country shows the enormous impact that US trade policy can have.
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South Africa Plans Measures to Support Exporters Hit by Trump Tariffs - Other Media news - Tasnim News Agency
TEHRAN (Tasnim) – South Africa said on Friday it would draft measures to support exporters hit by US President Donald Trump's new 30% tariff, which is expected to trigger widespread job losses in the nation's automotive and agriculture industries.
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Total News Sources32
Leaning Left2Leaning Right2Center8Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 17%
C 67%
R 17%
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