JOHANNESBURG - In just a matter of hours, South Africa will be hit with 30 percent tariffs by the United States.
As the Reserve Bank Governor said this afternoon, the only thing that is certain is, uncertainty.
For many SOuth African businesses, this tariff increase could be a breaking point.
READ: Trump's Tariffs | Cost of USA protectionism on SA industries
No official deal has been confirmed by the government to try and deal with this decision by the US.
So, what are the likely practical impact of these tariffs that begin on August 1st?
Thys van Zyl is the CEO of Everest Wealth Advisory had a discussion with eNCA on this topic