KHAYA SITHOLE: Diplomatic fallout with US could hit SA in the pocket
But success in Ramaphosa’s mission could mean the fallout on the economic and aid front can be contained
In a week in which SA’s finance minister stood up for the third time to try tabling a budget, it is most extraordinary that the story of the country’s finances is not the primary focus area absorbing all the attention. Rather, the nation’s attention will be split between the budget and a meeting in Washington involving presidents Donald Trump and Cyril Ramaphosa.
SA has been finding itself at the epicentre of shifts in the US administration since January that have the singular mission of rewriting the script of global trade, diplomacy and the way the world has marched towards globalism and multilateralism since the end of World War 2. After the war, the US emerged as the de facto leader in the global economy and the central player and host to many multilateral agencies and institutions created to guide the world towards convergence rather than perpetual conflicts...
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