South Africa’s trade policy is at a crossroads and this was before the tumultuous trade war that US President Donald Trump started within a couple weeks of being in office. In a country where inequality is extreme, the impact of a more open economy on employment and poverty in important. As global dynamics shift and domestic priorities evolve, the country faces both significant challenges and untapped opportunities. In this podcast, ERSA’s host sits down with Professor Lawrence Edwards from the University of Cape Town to explore the complexities of industrial policy, tariffs and market access. How are industrial and trade policy related, and what role does manufacturing play? What could be the next step for South Africa in securing its place in the global trade arena? How can the country navigate an increasingly protectionist world while strengthening its ties with the African continent? Understanding the role that industrial policy plays on long term sustainable growth in South Africa is crucial for businesses, policymakers, and consumers. Listen to the full podcast to learn about South African trade policy and the strategic choices that could lie ahead.
Should you wish to learn more about South Africa and AGOA, please listen to our podcast on Shedding Light on AGOA with Gracelin Baskaran.