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Trump tariffs could wreck South Africa’s vehicle manufacturing industry – TechCentral | SA News

Trump tariffs could wreck South Africa's vehicle manufacturing industry - Michael Mabasa Naamsa
Naamsa CEO Mikel Mabasa

South African motoring industry lobby body Naamsa has warned that US President Donald Trump’s plan to impose unilateral 30% tariffs on South Africa from 1 August could decimate the local vehicle manufacturing export industry.

“This escalation in trade tensions poses a serious threat to one of South Africa’s most globally integrated and export-orientated industries,” Naamsa said in a statement on Monday.

“South Africa’s automotive sector is particularly vulnerable to the 25% sectoral tariff imposed under section 232 of the US Trade Expansion Act of 1962, which specifically targets automotive exports,” it said.

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