NZ dollar falls as Trump unveils US$200 bln of new tariffs on Chinese imports

Wed, 11 Jul 2018

By Paul McBeth July 11 (BusinessDesk) - The New Zealand dollar fell after US President Donald Trump's administration continued to ratchet up its trade war with China, unveiling a list of US$200 billion of imports facing a new 10 percent tariff. The kiwi traded at 68.16 US cents as at 11.45am from 68.39 cents before reports of the pending announcement, and against Japan's currency, typically seen as a safe haven for investors, the New Zealand dollar fell to 75.55 yen from 76.09 yen. US Trade Representative Robert Lighthizer today said...

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