💨 Abstract

South Africa faces potential job losses of up to 100,000 due to impending U.S. tariffs on imports, warns Reserve Bank Governor Lesetja Kganyago. The automotive and agricultural sectors, crucial to the economy, are at risk. The U.S. plans to impose 30% tariffs, following a previous 25% tariff that led to an 82% drop in automotive exports to the U.S.

Courtesy: Garrin Lambley