China’s yuan nears three-week low on Trump’s latest tariff hikes
HONG KONG: China’s yuan hovered near a three-week low against the dollar on Tuesday, as US President Donald Trump’s latest round of tariffs renewed trade concerns and kept the greenback buoyed. Trump substantially raised tariffs on steel and aluminium imports to 25% on Monday, increasing the risk of inflation flare-ups and a multi-front trade war.
A Timeline of the Tit-for-Tat Tariffs Between China and the U.S. Since 2017
The rapid-fire shots of tariffs and import curbs hearken back to Trump’s first term in office, when the U.S. and China engaged in a trade war that spanned most of Trump’s first four years in office and was continued to a certain extent under his successor,
The yuan fell on Wednesday as a new U.S.-China trade war dented Chinese markets returning from an extended Lunar New Year ...
China could allow its currency to weaken to offset the impact of US tariffs on the country’s exports, but has so far declined ...
Currency traders are waiting with bated breath for China’s next daily reference rate for the yuan, with some expecting ...
The yuan sank on Wednesday as a new Sino-U.S. trade war shook Chinese markets returning from an extended Lunar New Year break ...
From Trump dismissing Beijing’s retaliatory measures to key science breakthroughs, here’s a round-up from today’s China and ...
Q: What is the Yuan worth against the Dollar? A: One Yuan is worth 0.1369 Dollars today Q: Is the Yuan going up or down against the Dollar? A: Today's exchange rate (0.1369) is higher compared ...
Russia said on Wednesday it would boost its sales of Chinese yuan by 17% from Feb. 7 in a move seen as aimed at supporting ...
Huangpu district in Guangzhou, Guangdong province, has commenced construction on 117 projects following the signing of 35 ...
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Chinese Yuan, Australian... Citibank pound sterling exchange rate forecast: GBP strength to prevail The British Pound appeared relatively unphased by developments in Conservative Politics ...
BEIJING -- China Development Bank issued 1.53 trillion yuan ($213.37 billion) in infrastructure loans across the country in ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
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