Latest News & Developments
South African sugar industry faces significant economic challenges as US maintains 10% import tariff with the threat of returning to 30% punitive tariffs, says SA Canegrowers CEO Dr Thomas Funke.
Samsung, the world’s second-largest phone maker, makes about half of its phones in Vietnam. A 46% tariff threat from Trump caused major disruptions to its supply chains.
Global markets are in chaos as President Trump's new tariffs take effect, hurting South Africa's economy and weakening the rand.
US President Donald Trump's net worth has taken a substantial hit following the announcement of sweeping new tariffs.
South Africa's economy faces mounting pressure as the rand plummets to a near two-year low amidst escalating US-China trade tensions and uncertainty over the future of the Government of National Unity. Experts warn that further political instability could drive the rand beyond R22. 00/$1, while global markets experience their steepest declines since the COVID-19 pandemic
China, the world's second-largest economy, is leading the charge against US President Trump's sweeping tariffs, igniting a global trade war that threatens economic stability and international relations
US President Trump's sweeping tariffs on South African fresh produce have ignited fierce criticism and raised concerns about global food security, supply chain stability, and the future of international trade