Trump Trade Snub Hurts South Africa
The US government has lumped South Africa together with China, its arch trade nemesis, in the latest battle of its global trade war.On Tuesday, the SA department of trade and industry announced that unlike the European Union, Mexico, South Korea, Australia, Argentina, Brazil and Canada - SA will not be exempted from painful taxes on its steel and aluminium exports to the US.Recently, president Donald Trump slapped import duties of 10% on all aluminium imports and 25% on steel. Countries including South Africa - furiously lobbied the US government to be granted exemptions.Trudi...