Yuan Suffers Biggest Dip in a Year, Amid Fear of Trump Poll Win

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Analysts say the threat of Trump winning the US election and imposing big trade tariffs on China has undermined the yuan in recent weeks

The post Yuan Suffers Biggest Dip in a Year, Amid Fear of Trump Poll Win appeared first on Asia Financial.

As part of his pitch to boost American manufacturing, Trump has this time promised voters he will impose tariffs of 60% or more on goods from China.

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Article Details

Author / Journalist: Jim Pollard

Category: InvestingBusiness

Markets: Hong KongAustraliaChinaThailand

Topics: Forex Regions World Asia Market Insights China-US Economic Ties ESG

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-24 @ 12:26:18 (4 days ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 781 words

Reading Time: 5 minutes read

Sentences: 31 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 23282659

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About Asia Financial

Main Topics: InvestingBusiness

Official Website: asiafinancial.com

Year Established: 1990

Headquarters: Hong Kong

News Last Updated: 4 days ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #86

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