UNDER U.S. TARIFF PRESSURE, SOUTH AFRICA’S AUTO INDUSTRY SEEKS NEW PATHWAYS
South Africa’s automotive industry is facing one of its toughest external challenges in years, as the United States imposed a 30% tariff on its automobile products starting in August. The move has squeezed profit margins, reduced orders, and created uncertainty for the country’s key export sector. The U.S. has long been a major destination for […]