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In a shift toward a harder stance this month, China retaliated against U.S. tariffs with levies of 125% on imports of ...
The offshore yuan fell to its weakest level on record after China eased its tight grip on the currency and the US pushed ahead with 104% tariffs on many Chinese goods. China’s offshore currency ...
(Image: RedMagic.) According to its post, the brand will be launching the device on 16 April, at 3:00pm in China. Nubia’s CEO, Ni Fei, stated in a reply to the post that the Redmagic 10 Air is “geared ...
With China’s trade surplus narrowing and tariffs impacting the economy, he predicted the country might be forced to devalue the yuan. The risk of a currency war is high, and once devaluation ...
China's offshore yuan hit its lowest level since it started trading in 2010, at 7.3815 per dollar. It was last down 1.05% against the greenback to 7.423 per dollar. The dollar weakened 1% to 146. ...
SHANGHAI -- China's currency fell to its lowest level ... rate weaker amid a rapidly escalating trade war. The onshore yuan hit 7.34 per dollar, its lowest since September 2023.
The S&P 500 dipped 0.23% to 5,062.25. On the other hand, the Nasdaq Composite edged up 0.10% to close at 15,603.26. China’s yuan fall to its lowest point since 2023 China’s yuan fell to its lowest ...
BitMEX co-founder Arthur Hayes highlighted a potential Chinese Yuan devaluation in his X post on Tuesday, suggesting it could drive Chinese capital flight into Bitcoin. Arthur says this trend ...
If enacted, total US tariffs on Chinese imports would rise to 64%. In response, China has announced a reciprocal 34% tariff on US goods, effective April 10 ... to weaken the Yuan in small steps.
The continued volatility came as Mr Trump threatened China with a further tariff of 50 ... both the FTSE 100 and the S&P 500 have declined by roughly 10 per cent, reflecting investor concerns ...
US President Donald Trump warned of a new 50 per cent tariff on Chinese imports if China doesn’t back down from its latest trade move by Tuesday (Apr 8). In other news, Israeli Prime Minister Benjamin ...