In March US president Donald Trump announced the US would impose a 10% tariff on imports of aluminium and 25% on steel imports. This was because they “threatened to impair US national security”, according to Trump. He went on to say that certain countries would be exempted from the imposition of this tariff – notably Mexico and Germany. South Africa applied for exemption, but on Monday the country’s trade representatives were informed that the country has no special status and will not be exempted.
Classic Business Breakfast co-host Arabile Gumede discusses what this means for SA with the deputy director-general for economic trade and economic development at the Department of Trade & Industry, Xolelwa Mlumbi-Peter.
Read:
US decision not to grant steel tariff exemption could hurt SA jobs
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Cool – voting against US interests in the UN does have consequences ne.
Sell your stuff to china and russia!!! -Only aag shame about any job losses ne,!!!
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