Latest News & Developments
MISA warns of possible job losses in SA's car industry after Volvo Cars announced plans to cut its dealership network.
President Donald Trump’s unpredictable tariff negotiations leave global leaders scrambling, as the US shifts from a 90-day suspension to potential reinstatement of high tariffs.
US President Donald Trump remains resolute in his tariff plans, claiming there is no inflation, despite significant market downturns triggered by China's retaliatory measures.
The United States has imposed 31% tariffs on South African exports, including vehicles, precious metals, and agricultural products. As economic pressure mounts, local and international experts are urging South Africa to diversify its trade partnerships beyond traditional markets to mitigate impact and ensure economic resilience.
Trade Minister, Parks Tau, expresses confusion over the US' newly imposed 30% tariffs on South African exports, highlighting potential economic disruptions in key sectors.
Donald Trump's presidency has triggered a seismic shift in global politics, empowering right-wing movements while challenging traditional alliances.