DStv Channel 403 Saturday, 15 February 2025

Trump's tariff tensions temporarily tamed

JOHANNESBURG - A trade economist says South Africa will have to strategise quickly to deal with Trump tariffs.

Tariffs are a form of tax that is paid when businesses from the importing country buy from an exporting country subject to tariffs.

They are often just passed onto consumers in the importing country through higher prices. 

READ: Trump unveils sweeping US tariffs on Canada, Mexico, China

US President Donald Trump has arrived in office announcing a flurry of new tariffs on goods from China, Mexico and Canada. 

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