Biodiversity loss has become a systemic risk to the global economy, as businesses continue to profit from nature while failing to pay for the damage
However, it’s not certain whether South Africa will continue to benefit from the concessional trade pact for qualifying African countries
This latest wave of tariff changes signals a broader trend toward economic nationalism and trade realignment.
The quick about-turns expose the internal contradictions – and lack of comprehensive planning – in US trade policy and its broader global economic implications.