A trade war between the world’s two largest economies is on the verge of breaking out.
South Africa, though on the side-lines, will experience much pain, as will most other countries, when these two behemoths clash.
Also read: China hits back. Trade war with US erupts
Biniza discussed what we need to know about the impending trade war.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
Already we’ve heard from the EU that they are also willing to retaliate… but the biggest worry is China responding to this…— Siya Biniza, Political Economy South Africa
China says it’s looking to reduce its tariffs and open its economy to the world…— Siya Biniza, Political Economy South Africa
From the US perspective; South Africa is a small economy…— Siya Biniza, Political Economy South Africa
It seems a bit irrational… It’s more of a protectionist approach…— Siya Biniza, Political Economy South Africa
Our auto industry will be the hardest hit…— Siya Biniza, Political Economy South Africa
…it will definitely affect jobs [in South Africa].— Siya Biniza, Political Economy South Africa
This tariff undermines the benefits [of AGOA] to South Africa… We might want to review our obligations because of this…— Siya Biniza, Political Economy South Africa
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
Recommendedby NEWSROOM AI
The Money Show’s Bruce Whitfield interviews Allon Raiz, CEO at Raiz Corp on government focus with small businesses.
The Money Show’s Bruce Whitfield interviews Warren Ingram, Personal Financial Advisor and Executive Director at Galileo Capital.
The Money Show’s Bruce Whitfield interviews Richard Brasher CEO at Pick n Pay on its growth.
The Money Show’s Bruce Whitfield interviews Finance Minister at Treasury Nhlanhla Nene on the IMF and World Bank Group meetings.
Do you enjoy listening to Bruce Whitfield’s The Money Show, but miss it sometimes?
China, the world’s second largest economy, retaliated against US tariffs on its goods. Refilwe Moloto interviews Donald Mackay.
Stephen Grootes says he believes former Eskom CEO Brian Dames when said he was not formally introduced to the Gupta family.
Zwelinzima Vavi says South Africa is paying dearly for choices they've made in being angry with Mbeki and not thinking logically.
Pan Africanist Congress's Narius Moloto explains why it supports the name Azania, a word which he says has Arabic origins.
Zuma says he cannot be expected to act against Minister Bathabile Dlamini on social grants matter now before the ConCourt.
The EFF lawyer stole the show during the state capture report court battle.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
The #Afternoondrive team located entreprenuer and talk show host, Felicia Mabuza-Suttle to find out what she's been up to since she left our screens.