But he secured tentative trade talks as negotiations with officials on a pact between South Africa and the US were set to continue
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This latest wave of tariff changes signals a broader trend toward economic nationalism and trade realignment.
The spokesman said new special envoy to Washington Mcebisi Jonas’s censure of the US president was not an impediment to mending fences
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From the looms of 18th century Bengal to clothing factories in Cape Town, tariffs have shaped the global economy not through free markets but through force
The former deputy finance minister has to salvage ties with Washington amid a diplomatic deep freeze and global trade war
Donald’s trumped-up ‘liberation’ chart of tariffs has reset the world order – and my need to make my side hustle more lucrative
Donald Trump’s executive orders are of dubious constitutionality, having violated civil rights of federal workers, weaponised immigration laws and limited Congress’s powers over the budget
American consumers and workers will feel the pain induced by the tariffs imposed on countries around the world
The economic fallout includes a risk of US recession and global trade network disruptions, but history shows that patient investors may be rewarded as market volatility settles and rebounds take shape.
Whether intentionally or by accident, the country has set a complex precedent that could shape the future of global trade dynamics.
We do need to focus on the tariffs but we should not ignore other essential interventions for the long-term growth of local agriculture
Both parties are mindful of the magnitude of a split as South Africa faces more economic turmoil
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This is a moment that calls for strong leaders and a united nation. Right now, we don’t have either
For an agricultural sector that depends on international markets, short-term protectionist measures offer little benefit and erode long-term competitiveness
The president’s tariffs were intended to assert US dominance, but they are increasingly a self-inflicted wound that may undermine the economic strength he champions
For both economies, the path forward must focus on building stronger ties, not severing them
The proposed tariff hikes have sparked debates about inequality, access to power and the future of South Africa’s energy landscape
Residential consumers pay more than those in most African, Southeast Asian and Brics countries
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Eskom price hike is ‘unsustainable’
‘Cost-reflective tariffs’ and resolving municipal debt are needed to turn Eskom around
Tightened belts meant South Africans ate 19% less chicken last year, and local farmers say dumped imports and the hard lockdown have hurt their businesses
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The law of demand says that the higher the price of a good is, the less people will demand it. But Eskom, sales of electricity have been dropping, yet the utility wants consumers to even pay more for its good
As India and South Africa push for relief at the World Trade Organisation through intellectual property rights waivers, India’s history of getting concessions may be the proverbial tripping block
The African free trade agreement is hailed as a huge step forward by some, but criticized as a project with little chance of coming true by others
The world’s top two economies are at loggerheads as trade talks have apparently stalled
The power utility will get much less than it asked for, but the new tariffs will still bust pockets
Nersa kicked off its nationwide public hearings in Cape Town this week to deliberate on Eskom’s tariff applications
President Donald Trump’s addressed the United Nations General Assembly today where he emphasised that ‘America is governed by Americans’
China had previously warned that it would target $60-billion in US goods if Trump made good on his threat to impose the new tariffs
The increase is less than local producers wanted, while companies say it entrenches inefficiencies
Rwanda blames used clothing — which mainly comes from the US — for undermining the development of its local textile industry
At stake is a White House threat to slap a daunting wave of tariffs on European auto exports to the US