[AFRICANEWS] South Africa's trade and industry minister on Monday said that the 30 per cent reciprocal tariffs imposed by the United States could put tens of thousands of jobs at risk.
''We've based this on the ongoing consultations that we have with all the sectors of the economy, from automotive, agriculture and all the other sectors that are going to be impacted,'' said Simphiwe Hamilton, Director-General of the Department of Trade, Industry and Competition.
''At this stage we are sitting at approximately 30,000 jobs that could be affected by this, if it were to be mismanaged in any manner,'' he said. |