JOHANNESBURG, Nov 26 Reuters South Africa39;s rand slipped on Tuesday as U.S. Presidentelect Donald Trump39;s tariff threat on its neighbours and China weighed on emerging markets.
At 0805 GMT, the rand traded at 18.17 against the dollar , about 0.6 weaker than its previous close.
On Monday, Trump pledged to impose big tariffs on the U.S.39; three largest trading partners Canada, Mexico and China detailing how he will implement campaign promises that could trigger trade wars.
Commoditylinked currencies including the rand took a hit following the announcement due to their close links to China.
China39;s role as SA39;s largest trading partner puts the country at risk of indirect consequences, said Andre Cilliers, currency strategist at TreasuryONE.
On the stock market, the Top40 index was down about 0.3.
South Africa39;s benchmark 2030 government bond was weaker in early deals, with the yield up 6 basis points at 9.005.
Reporting by Bhargav Acharya; Editing by Ros Russell
Source Reuters