WATCH: The effect of Trump’s tariffs on minerals and metals
Business Day TV spoke to Hugo Pienaar, chief economist at MCSA
07 April 2025 - 15:35
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US President Donald in Washington, DC, the US, April 3 2025. Picture: REUTERS/CARLOS BARRIA
Most of SA’s minerals and metals exported to the US have been excluded from US President Donald Trump’s tariffs but the Minerals Council SA (MCSA) has stressed that the overall effect of the trade war would weigh on global economic growth, which will in turn lower demand for minerals.
For a closer look at the situation, Business Day TV caught up with the MCSA’s chief economist Hugo Pienaar.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
NEWS LEADER
WATCH: The effect of Trump’s tariffs on minerals and metals
Business Day TV spoke to Hugo Pienaar, chief economist at MCSA
Most of SA’s minerals and metals exported to the US have been excluded from US President Donald Trump’s tariffs but the Minerals Council SA (MCSA) has stressed that the overall effect of the trade war would weigh on global economic growth, which will in turn lower demand for minerals.
For a closer look at the situation, Business Day TV caught up with the MCSA’s chief economist Hugo Pienaar.
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