No USA tax relief for South Africa

Die Vryburger

No USA tax relief for South Africa
No USA tax relief for South Africa. Photo: Die Vryburger

America’s president Donald Trump has announced that tax relief will be afforded to South Korea, Brazil and Argentina. South Africa will not receive tax relief on steel and aluminum quotas and will have to pay 25% on steel and 10% on aluminum.

Trump has been, for some time, “fighting” around trade disputes with China and Turkey .

So Ramaphosa’s great bravade about China’s help is suddenly not such a bright moment for the country.

Read the original article in Afrikaans on Die Vryburger

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