South Africa has been warned that it is dangerously close to being priced out of the world’s largest market unless Pretoria begins to take US objections seriously.
Trade expert and former senior WTO official Johann Human cautioned that if it fails to do so, the consequences for South African exporters and workers could be devastating.
South Africa will have to face a 30% increase in tariffs across the board, Human explained, referring to the tariff changes expected from 1 August.
Sam Busa