On Thursday, Trump slapped a 30% tariff on South Africa’s imports, the steepest rates in sub-Saharan Africa, a move central bank Governor Lesetja Kganyago cautioned could jeopardize over 100,000 jobs in agriculture and automobile industries.

Banele GinidzaAbout 30 000 jobs in various sectors are likely to be impacted by the unilateral 30% import tariffs to be imposed by the United States on South African products, which is set to come into effect before the end of this week.

Short-term resilience to tariff shocks may not hold up in the long term as other nations secure trade deals with the US.