Economists lower SA's growth expectations amid GNU challenges and global uncertainty.

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GUEST - Sifiso Skenjana - Economist and the managing director of ESG Analytics.
South Africa’s top economists have downgraded their GDP growth forecasts for 2025, citing increased domestic taxes and a new wave of high tariffs from the United States.
The week has already gone down in history, with US President Donald Trump imposing a 30% “reciprocal” tariff on South Africa, citing the country's 60% tariff on US goods. But the truth is, South Africa's tariffs on US goods are around 7.5%, and this new move is largely based on the US trade imbalance with South Africa.

7 Apr 2PM English South Africa Business News · Investing

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