Yuan falls to 2007 lows as US tariffs on China kick in
- The Chinese yuan has weakened to 7.4290 per U.S. Dollar as trade tensions rise, marking a significant decline in value amid new U.S. tariffs on China.
- The People's Bank of China set the central parity rate at 7.2038 on April 8, the first rise above 7.20 since September 2023.
- China plans to impose a 34 percent tariff on U.S. Imports starting April 10, alongside export controls on U.S. Companies.
- Stock markets in China and Hong Kong fell sharply due to trade tensions, with the Hang Seng Index dropping by 13.22 percent, its largest loss since 1997.
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China’s Yuan Drops To Weakest Since 2007 * 100PercentFedUp.com * by Anthony T
China's yuan has plummeted to its lowest level since 2007, raising concerns amid escalating trade tensions with the U.S. Discover what this means for the global economy and how it could impact your investments. Don't miss out!
China's Yuan Drops To Weakest Since 2007
China’s yuan is in trouble. China’s yuan has dropped to its weakest level since 2007 due to the U.S.-China trade war. On Wednesday, the yuan finished trading at 7.3 per dollar, its weakest close in over 17 years. The yuan is expected to continue to tumble after the White House clarified Thursday morning that the U.S. has upped its tariffs on China to 145%. BREAKING: Chinese yuan has fallen to its weakest level since 2007 amid President Trump’s …
YUAN TANKS: U.S. Dollar Now at Strongest Level Against the Sinking Chinese Yuan Since 2007 - Geller Report
Ignore the dying legacy media. Annual inflation rate drops. Energy prices are down. It’s morning in America. Karoline Leavitt: "The President has great courage to finally take on China in this way." pic.twitter.com/3nvlhiIk7Q — The Post Millennial (@TPostMillennial) April 10, 2025 BREAKING: The U.S. dollar reaches its strongest level against the Chinese yuan since 2007. pic.twitter.com/gBFT0QhjJt — The General (@GeneralMCNews) April 8, 2025 Y…
Chinese Yuan Falls to Lowest Level Since 2007 After Trump Tariffs Kicked In
The recent implementation of President Trump's tariffs has propelled the Chinese yuan to its lowest value in 17 years, prompting China to strengthen ties with the EU and ASEAN amidst escalating trade tensions.
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