How to Trump-proof the economy
The changing of the guard in Washington offers an opportunity to ‘recalibrate’ South Africa’s relationship with a key trade and investment partner
14 November 2024 - 05:00
South Africa has a window of opportunity to implement structural reforms and introduce stimulus measures to help protect the economy against the potential damage of Trumponomics.
US president-elect Donald Trump, who will be inaugurated on January 20 2025, is expected to rapidly implement his “put America first” campaign promises, which include sweeping tariffs of 60% on Chinese products and 10% on those from other countries, and cutting US taxes, with potentially harmful economic consequences for emerging markets...
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