South African authorities have warned that U.S. reciprocal tariffs could put an estimated 30,000 jobs at risk.

Renowned economist Dawie Roodt says that the incoming US tariffs are really bad news for an already fragile economy, but there is a chance for a positive outcome.

South Africa on Monday outlined support measures for local companies that will be hit by a 30% U.S. tariff this week, including exemptions from some competition rules and financial support facilities.