In the last few days, nations around the world have been taking stock of the tariff increases allocated by President Donald Trump. Nations such as China, Brazil and Japan have already announced countermeasures. The Director-General of the World Trade Organization, Ngozi Okonjo-Iweala had warned the US against tariff hikes given that it could lead to a contraction in global merchandise trade overall. Many European Union and south-east Asian countries have opted to negotiate despite the decision. For South Africa, it received a 30% tariff hike on all products coming into the US and the government has noted this development with great concern. While it has chosen not to impose sanctions and still seeks a new trade deal with Washington, some experts believe it’s the end of our involvement in the African Growth and Opportunity Act. In this hour, we talk about what economic options South Africa has at its disposal, given that economic outlook. We explore the impact this development has on sectors, how to expand trade with existing partners, and what new markets are available to us. To help us navigate this further, we are joined by…

Guest: Dr. Azar Jammine - Director and Chief Economist Econometrix

Guest: Phelisa Nkomo Development Economist & Board Chair of OXFAM

Guest: Mzwanele Ntshwanti - Economist and Lecturer in the College of Economic Management Sciences at the University of South Africa