The high-quality ore grades and relatively simple mining conditions in the region are key factors behind the surge in production.
In his State of the Nation Address on February 6, Ramaphosa declared: "We will not be bullied.”
“The regulatory conditions are far too uncertain. Contemplate? Yes. Commit? No.” – Lars Jensen, Vespucci Maritime.
It is immediately obvious that anti-dumping duties are very necessary to protect the local market.
The S&P 500 fell approximately 14% over three trading days, wiping out more than $6 trillion.
Locking into rigid contracts under current conditions could severely constrain future manoeuvrability.
This would represent a downward revision of nearly four percentage points from previous projections. – WTO
Considering that South Africa’s tariff average was 7.5%, US tariffs should be around 3.75%, not 30%.
But slower global economic growth could affect demand and prices in the short term, says the Minerals Council South Africa.
History says trade wars are easy to start but hard to win, and the early signs of strain are already visible across markets and boardrooms.
AfriForum claims it’s the party’s policies which have led to the deterioration of the country’s relationship with the US.
