💨 Abstract

United States President Donald Trump announced a global 10% tariff on imports, with higher rates for 'worst offenders' such as South Africa. The US claims these countries have been exploiting trade and imposing steep tariffs, with South Africa's tariffs on US imports estimated at 60%. Trump stated that countries wishing to be exempt from these tariffs must move their production to the US.

Courtesy: www.thesouthafrican.com

Summarized by Einstein Beta 🤖