CAPE TOWN - South Africa could be heading for a major trade setback following an announcement by US President Donald Trump.
The US will impose a 30% tariff on all South African goods, effective 1 August.
WATCH | Washington targets SA exports
The move has already begun to rattle local markets, with the rand weakening in response.
- Future Forex CEO Harry Scherzer joins eNCA with more insights to unpack the implications of this development with eNCA.