# Why US-China trade war is weakening the South African rand | CNBC Africa

> The rand retreated after the United States threatened tariffs on another $200 billion of Chinese imports, which cooled risk appetite and hit emerging market currencies broadly. The rand was 0.58% weaker at 13.4075 per dollar.

- Date: 2018-07-11 · published 2018-07-11T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/64325-why-us-china-trade-war-is-weakening-the-south-african-rand-cnbc-africa
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Renewed escalation of the US-China tariff dispute threatens Chinese demand for US agricultural goods and raises risk aversion across emerging-market currencies.

## Read by commodity

- SOY: bearish ▼
- USDZAR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-06-25 | [China’s US soybean and pork imports down 55.3 per cent due to trade war, African swine fever \| South China Morning Post](https://feedsoft.ai/events/58593-china-s-us-soybean-and-pork-imports-down-55-3-per-cent-due-to-trade-war-african.md) | -2.6% | -2.6% |
| SOY | 2018-05-02 | [China is weakening its currency before US trade talks begin](https://feedsoft.ai/events/65234-china-is-weakening-its-currency-before-us-trade-talks-begin.md) | -3.0% | -1.9% |
| SOY | 2018-08-01 | [Why Soybeans Are at the Heart of the U.S.-China Trade War](https://feedsoft.ai/events/64080-why-soybeans-are-at-the-heart-of-the-u-s-china-trade-war.md) | -1.6% | -9.2% |
| SOY | 2017-01-26 | [America's farmers stand to lose the most in a China trade war](https://feedsoft.ai/events/72863-america-s-farmers-stand-to-lose-the-most-in-a-china-trade-war.md) | -1.8% | -4.1% |
| SOY | 2018-09-20 | [Inside China's strategy in the soybean trade war](https://feedsoft.ai/events/63015-inside-china-s-strategy-in-the-soybean-trade-war.md) | +2.4% | +6.7% |

## Sources

- cnbcafrica.com: https://www.cnbcafrica.com/2018/why-us-trade-war-is-weakening-the-south-african-rand

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