Canada announced retaliatory tariffs on US goods, including a 25% surtax on various products, including fruit.
Higher import duties will affect the livelihoods of businesses and households across the country.
The country is concerned about the new tariff regime on its exports to the world’s biggest economy.
The delegation sought to clarify the country’s expropriation and race-based laws.
But the index remains in negative territory with load-shedding and souring SA-US relations weighing on confidence.
The proposed tariffs on Chinese-built vessels could have unintended consequences that will hit consumers, local businesses and exports.
Households are bracing for tough times in the light of rising personal income tax and the VAT hike on 1 May.
Many African governments rely heavily on trade taxes for revenue, making it necessary to explore alternative income sources.
Investors have been adjusting their expectations around US monetary policy amid heightened uncertainty about the strength of the US economy.
The government is serious about ensuring a trade balance between the countries.
Housing and utilities and food and non-alcoholic beverages contributed most to annual price inflation in February.
The funds will support raw mineral processing, green hydrogen, transport and digital infrastructure, and pharmaceutical developments.