South African rand falls 1.7% against US dollar, Trump threatens to cut off all funding to South Africa

On February 3rd, the South African rand fell 1.7% against the US dollar after Trump claimed to cut off all future funding to South Africa. Trump tweeted, “South Africa is confiscating land and mistreating certain classes of people. The United States will take action. In addition, I will cut off all future funding to South Africa until a comprehensive investigation into this situation is completed

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