Why Trump Attacks Mark Carney as US-Canada Trade War Turns Personal

US President Donald Trump attacks Mark Carney again as tensions between Washington and Ottawa deepen over trade, tariffs and Canada’s sovereignty. Trump’s latest jab came on Sunday, September 6, when he shared an image on Truth Social showing himself standing over Canadian Prime Minister Mark Carney on a hockey rink. Carney is shown lying on … Read more

Potential November petrol price drop offers economic lifeline amid global trade opposition

Caltex petrol station in South Africa. Photo Credit- Business Tech

South Africa’s economy stands to gain modestly from a projected sharp decline in fuel prices for November, driven by falling global petrol costs and a stabilizing rand, but these benefits could be tempered by escalating US-China trade tensions that risk dampening commodity demand and export growth. Mid-month data from the Central Energy Fund indicates an … Read more

How the US tariffs affect you as a South African businessman

South African President, Cyril Ramaphosa

If you’re a South African businessman—whether you’re running a small export firm, supplying parts to manufacturers, or even just operating a logistics or retail service near a major plant—you may think international trade wars have nothing to do with you. But in today’s interconnected world, when the US imposes tariffs on South African goods, the … Read more

US tariffs hit South African businesses hard… R750m contract loss, others to know

South Africa President Cyril Ramaphosa

The impact of recent US tariff measures has begun to reverberate through South Africa’s manufacturing sector, with at least one major player already counting heavy losses. Jendamark Automation, a leading Gqeberha-based manufacturer specialising in assembly lines and production software for top global carmakers like Ford, BMW, Volkswagen, and Mercedes-Benz, has lost R750 million worth of … Read more