South Africa & Taiwan

South Africa: South Africa was listed among economies whose government officials spoke at USTR hearings on the tariffs.

Taiwan: Taiwan's tariff rate is capped at 10% under trade agreements, limiting the impact.

South Africa: Taiwan previously curbed and then reversed AI chip exports to South Africa during a diplomatic spat, showing the delicate balance of export controls.

Taiwan: Taiwan>>> is actively investigating and prosecuting AI chip smuggling, demonstrating a stronger stance against export control violations and aligning with US policies. This could enhance its international standing but risks a rebuke from China>>>.

South Africa: South Africa is among the African countries that could benefit from increased refined fuel supply from Nigeria's Dangote Petroleum Refinery, mitigating the impact of the Iran war on fuel prices.

Taiwan: Tensions over Taiwan were mentioned as simmering beneath diplomatic cordiality during the Trump-Xi summit, contributing to global geopolitical risks.

South Africa: Larger EM economy financing itself through domestic debt markets, reducing reliance on foreign investors.

Taiwan: Tech-heavy equities index contributes to EM equity volatility due to AI cycles.

South Africa: Qualified investors in South Africa might be able to buy SpaceX shares, subject to local eligibility requirements and restrictions.

Taiwan: Qualified investors in Taiwan might be able to buy SpaceX shares, subject to local eligibility requirements and restrictions.