How the US-China trade war is likely to affect SA

The simmering US-China trade war has again made headlines, with President Donald Trump’s surprise turnaround this weekend after discussions with Chinese President Xi Jinping at the G20.

The rising tensions have been over the imposition of higher trade tariffs across a widening base of traded goods by the US on China and a response from China, though more muted. In 2018, SA’s exports to the China trade group accounted for 11.4% of its total exports. Imports from China accounted for 19.8% of SA’s total imports.

If an all-out trade war was to develop, it is likely that China would reinforce its trade and investment ties with its Brics partners and would more urgently expand its investment base in South Africa.

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