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US tariffs cost South African company R750 million | SA News

Malcolm Libera
 ·3 Aug 2025

The wave of US tariffs has begun to hit South African companies, with one alone losing R750 million in contracts overnight, which is likely a small drop in the ocean of what’s to come. 

Jendamark Automation has been caught in the crossfire of Washington’s latest tariff decisions. Managing director Siegfried Lokotsch told City Press that the impact has been swift and severe.

The company is a Gqeberha-based manufacturer of automated assembly lines and production software for global automotive giants such as Ford, BMW, Volkswagen,…

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