# South African rand firms after change in Trump's tariff stance

> The rand edged higher to 18.68 per dollar as markets assessed Trump's changed tariff stance, after he suspended threatened steep tariffs on Mexico and Canada for 30 days. The US also imposed tariffs on Chinese imports, which China quickly answered, and the rand had earlier slumped almost 2% on news of suspended US funding to South Africa.

- Date: 2025-02-04 · published 2025-02-04T12:00:00.000Z
- Category: market · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/26378-south-african-rand-firms-after-change-in-trump-s-tariff-stance
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Tariff pauses and retaliation shift the dollar and emerging-market currencies, which changes the local cost of imported feed inputs. The move was small and mostly reflects short-term market reaction.

## Read by commodity

- USDZAR: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/south-african-rand-weaker-trumps-changing-tariff-stance-2025-02-04/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.