Currencies
Dollar Pushes Higher After Trump’s Tariff Comments on China
- New Zealand’s currency leads losses against greenback
- Keeping US trading partners guessing is boosting dollar: NAB
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The dollar strengthened against most major peers after US President Donald Trump reiterated he was weighing a 10% tariff on China.
The offshore yuan edged lower and the risk-sensitive New Zealand dollar led losses against the greenback after Trump said he was mulling duties on China in retaliation for the flow of fentanyl from the country.