South Africa: Cosatu Statement On the Pending New Tariff Regime On South African Exports to the United States
July 9, 2025 | News Source: AllAfrica News: Economy, Business and Finance
[COSATU] The Congress of South African Trade Unions (COSATU) is deeply concerned about the pending 30% tariff hike on South African exports to the United States (US), the world's largest economy, announced by US President Donald Trump and fear the devastating impact it may have on an economy that has been languishing at 1% growth since 2008 and a dangerously high unemployment rate of 43.1%.
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