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South Africa's rand and bonds weakened on Monday after Trump announced new 25% tariffs on all steel and aluminium imports on top of existing duties. The rand traded at 18.465 per dollar, and the 2052 bond fell as much as 0.47 cents, while analysts flagged added risk from the earlier suspension of US aid.
Broader US tariffs raise global trade-war risk and add pressure on emerging-market currencies, which increases import costs for South African feed buyers. The effect on feed prices is indirect and modest.
cnbcafrica.comReutersFeb 10, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
