Like Canada, Africa’s largest car producer faces 2027 job and export losses as world’s $32 trillion economy ends duty-free access, with China and Europe offering hope

Business Insider AfricaOlamilekan Okebiorun · 8 November 2026 at 11:03

South Africa and Canada, two major economies on opposite ends of the globe, continue to find themselves on the receiving end of the Trump administration's tariff policies, which threaten their automotive industries and thousands of jobs, with China, their go-to partner for relief, offering little…
— Business Insider Africa

Read the full story on Business Insider Africa

This story was written and published by Business Insider Africa. Business.co.za shows its headline and teaser from the publisher’s RSS feed and links to the original.

What business people are saying

No comments yet. Be the first.

More in Economy & policy

All →

Ventureburn18 h ago

Chainlink (LINK) Price Prediction 2026, 2027 to 2030

Chainlink (LINK) has become a cornerstone of the Web3 ecosystem, powering reliable data connections between blockchains and the real world. As the leading decentralized oracle network, it underpins DeFi, gaming,

Economy & policy Read on Ventureburn ↗

Business Insider Africa8 h ago

After hitting Russia's second-largest oil producer with sanctions, the world's largest economy moves to grab its $22bn oil empire as China backs $16bn in African mineral projects

The U.S. has launched a major intelligence initiative offering up to $20 million for information on Iran's nuclear operations.

Economy & policy Read on Business Insider Africa ↗

Daily Friend1 d ago

Classical liberalism must find its African soul – part one

Human beings are individually distinct, yet socially interdependent. In this two-part essay, I argue that African philosophy has much to contribute to our understanding of this relationship, and to the development of a classical liberalism grounded in the realities of human existence.

Economy & policy Read on Daily Friend ↗