It looks increasingly likely that Donald Trump will win the US presidential election in November — an eventuality that would likely result in South Africa losing its duty-free US trade preferences amid a surge in protectionism from the White House
It looks increasingly likely that Donald Trump will win the US presidential election in November — an eventuality that would likely result in South Africa losing its duty-free US trade preferences amid a surge in protectionism from the White House
It looks increasingly likely that Donald Trump will win the US presidential election in November — an eventuality that would likely result in South Africa losing its duty-free US trade preferences amid a surge in protectionism from the White House
25 July 2024 – 05:01
by Claire Bisseker
A legacy of Donald Trump’s first term, coupled with the disruptions to supply chains caused by the Covid pandemic and the Russia/Ukraine conflict, is that that trade protectionism has enjoyed a global resurgence.
“Reliance on China as a source of cheap production is now seen more as a liability than an asset, and China itself as more of a competitor than a partner,” says Old Mutual Wealth strategist Izak Odendaal…
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