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Southeast Asian countries are breathing a sigh of relief after the US unveiled its revised tariff schedule, slashing the initially feared higher rates and offering a somewhat more manageable outcome.

President Trump is moving forward on a new suite of tariff rates with an approach focused on grouping countries into tiers — a change from a previous approach of simply looking at the trade deficit.

FW De Klerk Foundation highlights the need for South Africa to seek diverse trade partnerships beyond the US, as President Trump’s tariffs threaten the economy and jobs.