Aussie Dollar Nears Decade Low as Jobs, U.S.-China Trade Fight Take Toll

Canada News News

Aussie Dollar Nears Decade Low as Jobs, U.S.-China Trade Fight Take Toll
Canada Latest News,Canada Headlines
  • 📰 WSJ
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

The Australian dollar has fallen 10% in value in nearly a year as the U.S. has taken aim at Chinese imports

The Aussie, as it is known colloquially, has fallen 10% in value in nearly a year as the U.S. took aim at more and more Chinese imports. In the latest tit-for-tat measures, China this week detailed its plan to raise tariffs to as high as 25% on US$60 billion worth of.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US-China relations near new low amid trade battleUS-China relations near new low amid trade battleWASHINGTON (AP) — The U.S. and China have gone through rough patches before. The American public recoiled — and the U.S. government imposed sanctions — after the People's Liberation Army...
Read more »

As Trump fights with China over trade, U.S.-China economic relationship already being redefinedAs Trump fights with China over trade, U.S.-China economic relationship already being redefinedThe trend of U.S. companies serving Chinese consumers with products made in China could pose a significant challenge to Trump’s “America First” agenda
Read more »

Yen gains but yuan, Aussie dip as U.S.-China trade war escalatesYen gains but yuan, Aussie dip as U.S.-China trade war escalatesThe safe-haven yen edged higher and the Chinese yuan and Australian dollar dippe...
Read more »

Yen gains but yuan, Aussie dip as U.S.-China trade war escalatesYen gains but yuan, Aussie dip as U.S.-China trade war escalatesThe safe-haven yen edged higher and the Chinese yuan and Australian dollar dippe...
Read more »

Yen firms but yuan, Aussie slip as U.S.-China trade war heats upYen firms but yuan, Aussie slip as U.S.-China trade war heats upThe safe-haven yen firmed slightly and the Chinese yuan and Australian dollar di...
Read more »

U.S. trade deficit rises slightly March even as gap with China falls to three-year lowThe nation’s trade deficit rose slightly in March, but it continued to run below year-ago levels in a sign the gap might not weigh on the economy as heavily...
Read more »

China stocks fall, yuan at four-month low as U.S. trade talks stallChina stocks fall, yuan at four-month low as U.S. trade talks stallChina's main equity indexes finished lower on Monday and the yuan weakened ...
Read more »

'A little squabble': Trump says U.S., China have 'extraordinary' relationship despite trade fight'A little squabble': Trump says U.S., China have 'extraordinary' relationship despite trade fightThe president tried to put a positive spin on the trade fight with China after stocks tumbled following Beijing hitting the U.S. with more tariffs.
Read more »

Escalating U.S.-China Trade Fight Stings Companies World-WideEscalating U.S.-China Trade Fight Stings Companies World-WideFrom the world’s biggest miners to German car makers and Japanese manufacturers of iridescent powder for cosmetics, producers around the world are bracing as the U.S. escalates its tariff fight with China.
Read more »

Will China use its $1.2T of U.S. debt as firepower to fight the trade war?Will China use its $1.2T of U.S. debt as firepower to fight the trade war?Uncertainties on how escalating tensions will unravel have hurt markets this week.
Read more »



Render Time: 2025-03-13 17:23:50