BizNews Radio

8 Aug Lamola’s semiconductor blunder: reaction by insulted Taiwan now threatens SA manufacturing disaster

25 MIN
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In an interview with BizNews founder Alec Hogg, Ryan Smith, the DA's new Spokesperson on International Relations and Cooperation, discusses his challenging roles and South Africa's foreign policy 'follies'. He criticises ruinous 30% Trump tariffs, citing negotiation failures. Smith strongly condemns Ronald Lamola's "ridiculous decision" to downgrade the Taiwanese embassy. He highlights Taiwan's crucial role as the sole supplier of vital semiconductor chips (TSMC), arguing this alienates essential trade, hindering SA's manufacturing and job creation efforts. Smith advocates for a truly non-aligned, South Africa-first foreign policy driven by economic development, not ANC party interests, stressing the need for career diplomats. The DA seeks new agricultural markets to offset these challenges.
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