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Disaster for South Africa worse than tariffs | SA News

Staff Writer
 ·13 Aug 2025

 Krutham executive chairman Stuart Theobald says that a global economic slowdown is likely to hit South Africa far harder than the direct impact of the United States’ 30% tariff on its exports.

Both disasters are attributed to the tariff and trade war being waged by US President Donald Trump since the start of the year, but it’s the global shock that may prove to be worse for South Africa than the direct hit itself.

While the country will definitely feel the short-term impact of a 30% tariff on its exports—which has been in…

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