South Africa has unveiled urgent support measures to counter the economic fallout from a new 30% tariff imposed by the United States on certain exports, effective August 7. President Cyril Ramaphosa called the tariffs “very punitive,” and trade officials announced financial aid, exemptions under the Competition Act, and a plan to use the country’s unemployment fund to reduce job losses. He vowed urgent action to protect jobs and the economy, unveiling financial support and legal exemptions to help local firms cope. Watch
#SouthAfrica #USTariffs #TradeWar #Ramaphosa #ExportCrisis #TrumpTariffs #JobsAtRisk #USAfricaRelations #TariffRetaliation #TradeSupport #LNGDeal #EconomyResilience #SAexports #GlobalTrade #TariffImpact
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Anc have destroyed south africs alone !!!
We in RSA don't have the technology to take our economists to Mars. Earth, besides the pro-American, pro-dollar countries, have no more markets. We don't have the technology to take our economists to check out the markets on Mars. Do you have suggestions of other markets?
FAFO
Ramakak shut up your kyingmouth you are discusying for south africa
Jack
Yes you and your stupid anc fukked up
Crazies running the asylum
Don't act so surprised by the actions of Cyril. He was always going to destroy the ANC. The fact that he is doing it single-handedly is a marvel. Viva to the President!
Please just resign already ! Go hamba go !
STOP TRADING WITH THE UNITED STATES
Ramaphosa is going down
LMFAO stupid little crime boss!
As usual, working n African time and not getting into what needed to be done in time.
The anc and the whole sa government should resign
Randy have no clue.
Eish babba . You and your friends made serious problems for South Africa. But it is good because the ANC is not the government of the people. Its the government of the greedy. Time to cash in your savings you've been hiding in that couch. Stay out of other country's problems and fix your own. South Africa is a 3rd world country because of you. Time to step down and get a true democratic party to do the job. I'm not talking about the DA (Devil's alliance ) . Go ask Mbeki how to do a better job . He was the last one where South Africa showed growth. Everything after you all destroyed
The absurdity of South Africa is beyond reasoning….you talk the talk, now walk the walk
You rama are the cause of this , youand the anc!
Its like having a fart in a tornado
Tariff increases President Ramaphosa is all on your shoulders you caused it I hope you sleep well karma is abitch and you'll reap the consequences you think you are clever by excluding the South African citizens. Stop reading scripts by your elite masters think for yourself God gave all brains please use it
Punitive? You have been riding the AOGOA train for years what have you done.? You charge 70% import on many things coming from the US and you cry about their 30% tariffs! You did not do anything in the last three months and now you blame them! You lucky they didn’t make it 100% tariffs
You destroyed our once beautiful Country!!! Now the monkey has become the zoo warden. And the lions are all too weak because they have been fed grass for so long.. 😂😂😂
Delusional twat
South Africa will BUY US LPG and stuff?! … with whose capital? … without substantive industry and manufacturing, how do they plan to raise the capital to make the purchases? … are they bartering?
You were caught sleeping
Ramparra is awake at last. Sorry but its too late. Drop your BBBEE law and EWC thèn try again. Trump's got you exactly where he wanted you: begging in a corner on your knees. How does your arrogant stance feel now? Think BRICS is going to save you? China warned you a few yrs back to drop BEE and you wouldn't do that. You are going down alone with no help or intervention from anyone!!!
Beautifull to see that this ANC is on its way out. Not long now. . . .
But didn't Rhamaparra said let trump keep their America🙄🙄
What a liar and loser ,he must think we blind, he the cause of the all trouble we find us in!
Africa should sell wepons to Russia 😂
Definition of Punitive..Punitive describes inflicting a punishment. This is how the anc government views the tariffs. The same tariffs the usa has implemented on other countries who have made an effort to negotiate better deals with the usa. Not the Anc , they play the " victim " card. The anc had 90 days to negotiate a deal and never bothered, so its YOUR OWN FAULT
Ramaphosa is the worst…
Trump feels nothing for you Ramaphosa idiot you are irrelevant!
🟣USA – RSA TRADE RELATIONS. The president is in error by describing the USA's tariff demands as "punitive tariffs". Those tariffs are "reciprocal tariffs". The president has neglected to mention the tough tariff regime SA has been imposing on the USA for years.
Malema for President.
If Jobs are being lost, then every single Politician's Salary should be decreased and should compensate those who have lost their Jobs
GOOD JOB RAMAPOSA…DO NOT BEND THE KNEE TO CHUMP-TRUMP. FIND OTHER PARTNERS IN GLOBAL SOUTH , BRICS . ICJ HAS ISSUED A ARREST WARRANT TO NETANYAHOO …ISRAHELL IS GOING BANKRUPT THANKS TO THE HOUTHIS
NEARLY THE WHOLE WORLD IS DUMPING THE PRANGE IDIOT CHUMP NOW. Trump gets NEWS HE FEARED as he Finally GETS SERVED …HE IS IN EPSTEIN FILES. CHILD TRAFFIC ,SEXUAL ABUSE.
TRUMPS NAZI , FACIST (I.C.E.) IS ROUNDING UP MIGRANTS and AMERICAN CITIZENS WHO DONT TOW THE LINE AND DEPORTING THEM TO CONCENTRATION CAMPS. TRUMP HAS SPENT BILLIONS ON A THIRD CONC CAMP (CAMP BLISS). Other 2 conc camps..= Gulag in San Salvador .and Alligator Alcatraz in Florida
Guys don’t under estimate this guy and the strategy he will come up with
"Act with urgency and purpose"-rather late I would say!!!The ANC was given 4 months in which to negotiate with the USA and they did NOTHING!!It is a travesty that South Africans land up suffering the dire consequences because of the ineptness of our government.
You were too stupid and arrogant to listen when Trump warned you . The whole country will now pay the price for that
The ANC is 100% to blame for all job losses
Lol it is farting against Thunder
SA you are in NO position to TRY and be clever. Adhere to the 4 Conditions of the US, the ones the Afrikaner Delegation reminded you off. Or face the music
Stop making speeches start the process to safeguard jobs