Workflow
U.S. China trade tensions send Aussie sliding 1%, boost safe havens
Yahoo Financeยท2025-10-14 08:47

By Rae Wee and Alun John SINGAPORE/LONDON (Reuters) -The Australian dollar tumbled on Tuesday, while the safe-haven Swiss franc and Japanese yen strengthened as renewed signs of strains in U.S.-China trade relations dented risk sentiment and left investors ducking for cover. Trade and tariffs have been the main focus since dramatic market moves on Friday when U.S. President Donald Trump threatened to slap additional 100% tariffs on goods from China, in response to Beijing's curbing of exports of critical ...