> Reaction as US announces 30% tariffs on imports from South Africa / 392Q3T2
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Reaction as US announces 30% tariffs on imports from South Africa / 392Q3T2
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Description
South Africans in Cape Town react to the United States' new 30 percent tariffs on imports: "It's difficult to find an economic ally that is as powerful, that has as large a consumer base and that has as large a pool of capital to deploy to places like South Africa than the US," says Menzi Ndhlovu, Lead Country Risk Analyst at Signal Risk. The United States is South Africa's second-biggest trading partner and tens of thousands of jobs depend on this relationship, with vehicles among the key South African exports. IMAGES AND SOUNDBITES