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Podcast: The Daily Discourse
Episode: US Tariff Hikes: Opportunities or Free Fall?
Description: In the last few days, nations around the world have been taking stock of the tariff increases allocated by President Donald Trump. Nations such as China, Brazil and Japan have already announced countermeasures. The Director-General of the World Trade Organization, Ngozi Okonjo-Iweala had warned the US against tariff hikes given that it could lead to a contraction in global merchandise trade overall. Many European Union and south-east Asian countries have opted to negotiate despite the decision. For South Africa, it received a 30% tariff hike on all products coming into the US and the government has noted this development with...