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S. Africa's CB sees modest impact from US tariffs
Gulf Today
|August 10, 2025
South Africa’s central bank believes US tariffs will only have a modest impact on the country’s economic growth while leaving its inflation levels broadly unchanged, its governor said on Friday.
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US imports from South Africa are now subject to a 30% duty - the highest rate in Sub-Saharan Africaafter Pretoria failed to agree a trade deal with Washington in time for US President Donald Trump's deadline. President Cyril Ramaphosa spoke to Trump on Wednesday to try to speed up trade talks, after industry associations and the central bank governor previously warned the tari
Dit verhaal komt uit de August 10, 2025-editie van Gulf Today.
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