NZ dollar pushed and pulled by delayed US tariffs, poor China data

Wed, 14 Aug 2019

By Jenny Ruth Aug. 14 (BusinessDesk) - The New Zealand dollar was little changed after worse-than-expected Chinese economic data tempered early enthusiasm after US President Donald Trump said he would delay tariffs on imports of some consumer goods from China. The kiwi was trading at 64.58 US cents at 5pm in Wellington from 64.53 at 8am. The trade-weighted index was at 71.72 points from 71.71. Trump had said that he will delay tariffs on goods including laptops, cell phones, footwear and clothing to protect US shoppers “for the Christm...

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