NZD/USD remains capped below 0.6000 on escalating US-china trade tensions

ABC Statewide Drive – U.S. and China trade tensions

Last week, I joined Jess Maguire on ABC Statewide Drive to discuss the trade tensions between China and the U.S, and what this means for investors. China has introduced several retaliatory actions in response to Trump’s tariffs – fuelling investor uncertainty and market volatility. For example, they have halted the trade of rare earth materials (essential components of semiconductors which are used in telecommunication, automotive, aerospace, an…

NZD/USD remains capped below 0.6000 on escalating US-china trade tensions

The NZD/USD pair softens to near 0.5995 during the Asian trading hours on Tuesday. The New Zealand Dollar (NZD) edges lower against the US Dollar amid the escalating trade war tensions between the US and China.

An analysis of trade relations between China and the United States in the current context. Read more China and the United States: trade tensions and their global implications in News.es.