South African Stocks Slump Most in Three Years on Tariff Hit

stocks,government,commodities-markets,global-trade,exports,emerging-markets,brics,emerging-markets-economics,materials,imports

William Clowes

President Trump imposed the steepest American tariffs in a century as he steps up his campaign to reshape the global economy. Many African countries have been hit with the so-called reciprocal tariffs including a 31% levy on South Africa and 50% on Lesotho. 

Bloomberg Economics Africa Economist Yvonne Mhango joins Jennifer Zabasajja to explain what the impacts of these tariffs will be on African Economies - and what the global trade war could mean for hopes of growth.

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South African stocks plunged the most in five years as steep US tariffs on the country’s exports cloud the outlook.

South African Stocks Tumble Most in Five Years on Tariff Hit

The Johannesburg Stock Exchange.

South African Stocks Tumble on Tariff Shock | Benchmark index posts biggest one-day drop in three years

South African stocks plunged the most in three years as steep US tariffs on the country’s exports cloud the outlook for corporate profits and the economy.

South African Stocks Tumble Most in Five Years on Trump Tariff Hit