US news
fromwww.theguardian.com
4 months agoChina's imports hammered by trade war fears, as market sell-off continues business live
China's imports fell sharply, dropping 8.4% year-on-year in early 2025 due to trade war concerns with the US.
"The Taiwan dollar has been under strong appreciation pressure due to record trade surpluses, equity inflows, and hedging activity by Taiwan life insurance companies," Khoon Goh, head of Asia research at ANZ, wrote in a note.
The Canadian Dollar has gained against the US Dollar due to a trade surplus and global market conditions, despite an overall widening trade deficit.