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Tariff Increases Spark Fear and Uncertainty in Automotive Industry

SOUTH AFRICA, AUG 4 – South Africa’s vehicle exports to the US dropped over 80% in early 2025 due to a 30% tariff, risking 100,000 jobs and threatening the automotive sector’s industrial growth, officials said.

Summary by Daily Maverick
Workers and managers in the automotive industry have expressed concern and anxiety after the US imposed a 30% tariff on imports from South Africa.

7 Articles

Lean Right

The sale of new light cars in Mexico slowed down with a slight decrease in their performance, with 124 thousand 480 units being placed in the automotive market, that is, 0.6 percent less than those sold in the same month last year, according to the INEGI.The industry has decreased its rates of decrease, although it has remained in a phase of stagnation amid the uncertainty caused by the tariff policy of the United States and the weakening perfor…

·Mexico
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"If that were the case, other countries with ambassadors in Washington would have escaped trade tariffs."

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Bias Distribution

  • 80% of the sources lean Right
80% Right

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Daily Maverick broke the news in South Africa on Sunday, August 3, 2025.
Sources are mostly out of (0)