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Yuan Gains as Trump Dials Back Tariff Threats
The yuan advanced alongside assets sensitive to China’s economy, amid signs that President Donald Trump is dialing back threats of slapping higher tariffs on exports there.
China Stocks, Yuan Cautiously Firm After Trump Delays Tariffs
The CSI300 Index has dropped roughly 5% since Trump won the election on Nov. 5 with a threat to impose steep tariffs of 60% on Chinese goods, but had already rebounded over the past week amid gestures of goodwill between Beijing and Washington.
China Responds to Trump's 'Big Power' Tariff Threat
Trade wars and tariff wars have no winners, do not serve the interests of any party, and are not beneficial to the world." Trump has also frequently made the U.S. deficit a focal point. Last year, the U.
2d
on MSN
Yen gains on BOJ hike; yuan, Antipodean peers get Trump boost
The yen rose after the Bank of Japan (BOJ) hiked rates on Friday and revised up its inflation forecasts, while the Australian ...
Pakistan Today
4h
Can Trump Halt the Yuan’s International Rise?
The US Senate’s confirmation hearing for Mr Bessent last week as Treasury Secretary was remarkable, as much of the discussion ...
1d
This Hong Kong Newspaper Seller Is Preparing for a Yuan Crash
Currency traders looking for their next big idea could do worse than talk to Wong, who runs a news stand in Hong Kong’s ...
12d
on MSN
China Faces Harsh Dilemma as Yuan Comes Under Pressure
The economy suggests a weaker yuan. But the prospect of capital flight makes Beijing wary of allowing any sudden depreciation ...
8d
China’s Record Capital-Account Outflows Pile Pressure on Yuan
As if the yuan wasn’t already under pressure from the weak Chinese economy, a surging dollar and the prospect of higher US ...
6d
Yuan recovery in lead-up to Trump's inauguration to help rupee
The Indian rupee is likely to kick off a pivotal week on a slightly positive note, assisted by the recovery of the Chinese ...
Nigerian Tribune on MSN
5d
Yuan strengthens to 7.1703 against dollar
The central parity rate of the Chinese currency renminbi, or the Yuan, strengthened 183 pips to 7.1703 against the dollar on ...
9d
Vanke Is Said to Have Prepared Cash for Yuan Bond Payment
Developer China Vanke Co., which has a record amount of debt coming due, told some creditors prior to turbulence in the ...
13d
China flags more policy measures to bolster yuan
China stepped up its policy measures on Monday to defend a weakening yuan by relaxing rules to allow more offshore borrowing ...
6d
on MSN
A weakening yuan is testing Beijing's resolve as Trump's return fuels tariff worries
The question of how far and quickly the yuan will fall depends on Beijing’s resolve in countering Donald Trump’s tariffs with ...
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Donald Trump
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