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USD/CNH Stalls at 7.3000 as Yuan Faces Pressure from 20% US Tariffs
Source: Buzz FX / 28 Feb 2025 02:56:31 America/New_York
- Trump doubles China tariffs to 20%, on top of existing levies
- PBoC fixes yuan stronger, pushing back against market pressure
- USD/CNH tests 7.3000, with momentum signals favoring upside
Summary
An additional 10% tariff on Chinese impor
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