MARKET WRAP: Rand weakens as investors mull Trump’s tariff plans
Emerging markets are expected to face continued pressure due to global sentiment shifting to a risk-off tone, analyst says
26 November 2024 - 19:54
The rand was weaker on Tuesday, while the JSE firmed amid mixed global peers as investors digested US president-elect Donald Trump’s plans to increase tariffs.
Trump announced on his social media platform, Truth Social, that he intended to raise tariffs by an additional 10% on all Chinese goods entering the US...
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