South Africa Flag
South Africa

Donald Trump’s election as the U.S. president has a negative impact on South Africa’s economic development, Economic Freedom Fighters (EFF), a South African opposition party, said Monday.

“The victory of Donald Trump is a threat to the struggle against racism, sexism, xenophobia and the development of the world,” EFF President Julius Malema told the press.

The rise of right-wing forces in Europe and the United States has encouraged narrow nationalism and protectionism in global economic landscape, he added.

He said the new U.S. administration’s call for protectionism would affect his country’s export of citrus fruits and thus deal a blow to economic growth and employment in South Africa.

Malema also accused the United States of dumping chicken in South Africa, saying the world’s largest economy has been trying to protect its own industries and will dump goods in developing countries.

“We are directly affected and we should be worried. We are trying to awaken the country to the international dynamics and how they affect us. We are victims of the chicken dumping by the United States,” he said.

In the inauguration speech last Friday, Trump said he will put “America first” in his “buy American and hire American” policy.

The new international development will lead to transformation and realignment across the world in particular within trade agreements, Malema said. Enditem

Source: Xinhua/NewsGhana.com.gh

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.