JOHANNESBURG - South Africa faces rising pressure after the US confirmed 30% tariffs on key exports, with job losses expected across automotive, agriculture, and mining sectors.
Business Unity South Africa says the deal delays places thousands of jobs at risk and is calling for a united response.
BUSA CEO, Khulekani Mathe, discussed the country’s options and the path forward for trade negotiations with eNCA.
South Africa faces a shifting global trade environment following US tariffs that limit market access.
Chartered Accountant and independent analyst, Khaya Sithole unpacks the real cost of finding alternative markets and the strain on local industries.
Sithole, said the cost of pivoting for business could be prohibitive and discussed this with eNCA.