US EditionSouth Africa seeks new US trade deal after tariff hike, says presidency
- South Africa's presidency has expressed concerns about U.S. President Donald Trump's tariff hikes, stating the need for a new trade agreement with the U.S. For long-term trade stability.
- Trump imposed a 30 percent tariff on South Africa, which exports a variety of products to the U.S., its second-largest export destination.
- The South African rand fell to a three-month low due to the tariff hike and political fears regarding the coalition government.
- Economist Xhanti Payi noted that smaller countries like South Africa will face the greatest impact from Trump's tariffs due to their less diversified economies.
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South Africa Targets Development Finance Giants for Funds to Revive Cities
(Bloomberg) — South Africa, already counting on a $1 billion loan from the World Bank to regenerate its rundown cities, is seeking funding from some top global development-finance institutions to help with the revival.
·Canada
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Africa: Twenty African Countries, Including Poorest, Hit with High Trump Tarrifs
The country that President Donald Trump declared ''nobody's ever heard of'' during his 4 March address to Congress has been hit with the highest U.S. tariffs in the world. Lesotho tops the list of 20 African nations upon which the White House has announced what it calls ''reciprocal'' tariffs, which add to the baseline imposed on every country.
·South Africa
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Total News Sources37
Leaning Left3Leaning Right4Center4Last UpdatedBias Distribution36% Center, 36% Right
Bias Distribution
- 36% of the sources are Center, 36% of the sources lean Right
36% Right
L 27%
C 36%
R 36%
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