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US trade is not the only game in town
The Citizen
|March 12, 2025
The trade tariffs about to be levied by US President Donald Trump on South Africa will hurt sectors of our economy, but they won't cause the immense damage claimed by those who would have us go out of our way to avoid annoying Washington.
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The reality is that exports to the United States comprise just 6% of our total exports. Trump's tariffs will hit our agriculture industry the hardest. On the other hand, there is the additional threat that Trump will cancel the African Growth and Opportunities Act (Agoa) by which certain SA imports into the US benefit from zero tariffs.
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