South Africa’s government is putting the final touches to an overarching package that aims to shield businesses against the fallout from punitive US trade tariffs and plans to present it to lawmakers later this week.

Africa is adjusting to the new reality of US President Donald Trump’s tariffs, with countries on the continent facing some of the highest export charges.

On Thursday, Trump slapped a 30% tariff on South Africa’s imports, the steepest rates in sub-Saharan Africa, a move central bank Governor Lesetja Kganyago cautioned could jeopardize over 100,000 jobs in agriculture and automobile industries.