#WeAreNAACAM: In a NAACAM member’s exclusive, the NAACAM National Executive Committee (NEC) meeting earlier today hosted a discussion with two distinguished voices: former Minister of Trade and Industry Rob Davies and International Trade Administration Commission of SA Chief Economist Sharon Modiba.
Sharon provided insights into the ITAC-NAACAM impact survey on US tariffs, as well as current ITAC developments in supporting automotive trade through APDP 2, dumping and anti-circumvention investigations, and the ongoing steel review.
Drawing from his experience as former Minister, Rob delivered an address unpacking current dynamics within global trade, focusing on what the Trump-era tariffs may mean for South Africa’s automotive industry, possible outcomes from the ongoing trade negotiations, and a way forward for the sector.
What was clear from both presentations is that much of the way forward lies in needing to look domestically and regionally to secure the sector – grow the percentage of SA assembled vehicles in the domestic market, accelerate localization, deal with excess duty credits which facilitate import penetration, and expand regional value chains under AfCFTA to support continental industrialization.
