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This Article is From Aug 23, 2018

Trump Tariffs Will See All Countries Lose, South Africa’s Kganyago Says

(Bloomberg) -- Trade tariffs called for and imposed by U.S. President Donald Trump are bad for global trade and countries should act within a fair, transparent rules-based system, Lesetja Kganyago, South Africa's central bank governor, said.

“With these trade measures, in the end all of us are going to be losers,” Kganyago said in an interview in Pretoria on Thursday.

To contact the reporters on this story: Rene Vollgraaff in Johannesburg at rvollgraaff@bloomberg.net;Ntando Thukwana in Johannesburg at nthukwana@bloomberg.net

To contact the editors responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net, Gordon Bell

©2018 Bloomberg L.P.

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