WATCH: The effect of Trump’s tariffs on minerals and metals

Business Day TV spoke to Hugo Pienaar, chief economist at MCSA

US President Donald in Washington, DC, the US, April 3 2025. Picture: REUTERS/CARLOS BARRIA
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.

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