Major themes for the week are GNU upheavals and impact of Trump tariffs

07/04/2025 14 min
Major themes for the week are GNU upheavals and impact of Trump tariffs

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Episode Synopsis

In this week’s podcast, STANLIB’s Chief Economist Kevin Lings touches on the disagreement within the Government of National Unity (GNU) on the Fiscal Framework, where the ANC seems to have won power and the DA lost power. However, discussions are still under way.

In more depth, Kevin discusses the reciprocal tariffs announced by US President Donald Trump and the significant amount of economic pain it will inflict on US growth, inflation and employment. It is also likely to cause a realignment of global trading relationships, excluding the US.

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