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Trump slaps 30% tariff on South African exports to US from 1 August
Manage episode 493299171 series 2579897
US President Donald Trump announced on Monday, 7 July that he would subject imports from South Africa to new 30% tariffs that would take effect from 1 August. In a letter addressed to President Cyril Ramaphosa, which was signed by Trump and posted to his Truth Social, he said: “We have had years to discuss our trading relationship with South Africa, and have concluded that we must move away from these long-term, and very persistent, trade deficits engendered by South Africa’s tariff, and non-tariff, policies and trade barriers. Mbuyiseni Ndlozi is in conversation with Senior Economist at Trade and Industrial Policy Strategies, Nokwanda Maseko
See omnystudio.com/listener for privacy information.
351 episodes
Manage episode 493299171 series 2579897
US President Donald Trump announced on Monday, 7 July that he would subject imports from South Africa to new 30% tariffs that would take effect from 1 August. In a letter addressed to President Cyril Ramaphosa, which was signed by Trump and posted to his Truth Social, he said: “We have had years to discuss our trading relationship with South Africa, and have concluded that we must move away from these long-term, and very persistent, trade deficits engendered by South Africa’s tariff, and non-tariff, policies and trade barriers. Mbuyiseni Ndlozi is in conversation with Senior Economist at Trade and Industrial Policy Strategies, Nokwanda Maseko
See omnystudio.com/listener for privacy information.
351 episodes
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