Last night, U.S. President Donald Trump announced sweeping tariffs affecting 60 countries worldwide, sending shockwaves through global markets. 

The announcement was met with phrases like "this is a seismic moment for global trade."

Namibia has been impacted with a 21% trade tariff, while South Africa will face a 30% increase on goods exported to the U.S.

Analyst Sam Kauapirura appeared on nbc News to help clarify the implications of Trump's announcement.

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Peter Denk