JOHANNESBURG, Jan 31 (Reuters) - South Africa's rand
weakened on Friday against a buoyant dollar as markets awaited
U.S. President Donald Trump's tariff deadline for Canada and
Mexico.
At 1447 GMT, the rand traded at 18.6350 against the dollar
, about 0.1% softer than its previous close. The dollar
last traded about 0.2% firmer against a basket of
currencies.
Trump has said he will impose 25% tariffs on imports from
Mexico and Canada from Feb. 1 if the two countries do not crack
down on the flow of illegal migrants and the drug fentanyl into
the United States.
South Africa's central bank said on Thursday that it had
modelled the potential impact of a trade war, as it highlighted
the uncertain global backdrop while trimming interest rates.
On the Johannesburg Stock Exchange, the Top-40 index
was last up about 0.4%.
The benchmark 2030 government bond slipped, with
the yield up 5 basis points to 9.055%.