💨 Abstract

US President Donald Trump imposed 30% trade tariffs on South African imports, but there was good news as the brent crude price dropped. Trump claimed that South Africa was imposing tariffs of 60% on the US and will implement "discounted" 30% tariffs in return. The fuel price in South Africa may decrease due to the drop in oil prices and a weaker rand/dollar exchange rate.

Courtesy: www.thesouthafrican.com

Summarized by Einstein Beta 🤖