💨 Abstract

US President Donald Trump announced 30% tariffs on SA imports into America, which raised concerns. However, the brent crude price dropped, which could potentially lead to lower fuel prices in May due to improved international oil prices and a weaker rand-dollar exchange rate. SA is on the list of 'worst offenders' with a 30% tariff, but Trump said the US would implement "discounted" rates.

Courtesy: www.thesouthafrican.com

Summarized by Einstein Beta 🤖