US Tariffs Threaten 30,000 Jobs South Africa, Raise Global Costs

U.S. President Donald Trump's tariff policies, including punitive tariffs of up to 30-40% on various countries such as South Africa and India, have sparked significant economic concerns globally. These tariffs threaten job losses in vulnerable sectors, particularly impacting youth employment in countries like South Africa, where unemployment is already high. While tariffs have generated billions in revenue for the U.S. government, they act as hidden taxes, increasing costs for consumers and businesses, and contributing to inflationary pressures within the U.S. economy. Analysts and commentators highlight that most of the tariff costs are absorbed by U.S. importers and consumers rather than foreign exporters, exacerbating economic inequality and risking broader financial instability. International reactions include criticism from Indian leaders who denounce the tariffs as economic intimidation that harms America's global image and warn of potential shifts away from U.S. markets if confidence in the dollar declines. Overall, these tariffs strain global trade relations, disrupt international cooperation, and challenge economic resilience both in the U.S. and affected countries worldwide.