South Africa considering auto industry incentives as tariff buffer

South Africa is considering offering additional incentives to automakers to help cushion the impact of US President Donald Trump’s tariffs on cars, Trade, Industry and Competition Minister Parks Tau said on Thursday.File photo: A worker inspects cars at a port, in East London, in the Eastern Cape province, South Africa on 7 July 2022. Reuters/Siphiwe Sibeko/File Photo”What we’re currently considering is the possibility of expanding the…

Nqobile Dludla
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Nqobile Dludla
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