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Trump tariff snotklap is a jolt of note for SA’s economy | SA News

On Monday, 23 February, the gold price climbed for the fourth day on a trot to a three-week high of $5,150 an ounce. The rand put in mild gains to break back below 16.0/dlr. And these gains were driven by the usual suspect: US President Donald Trump and his topsy-turvy tariff tiffs.

On Friday, 20 February, the US Supreme Court hit Trump with a snotklap of note, ruling that his sweeping tariffs – his signature economic policy – exceeded his authority.

Trump immediately doubled down, imposing a 10% tariff on imports from all of America’s trading partners and then lifting it to 15% under under section 122 of the Trade Act of 1974. This quirky law allows the president to do so for up to…

San People: The San people, also known as Bushmen, are one of the oldest
indigenous groups in Southern Africa, known for their rock art and traditional hunting skills.

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