Renminbi rallies as US considers dropping some China tariffs
Past the RMB7 per dollar mark
The news comes as the two nations have agreed terms of a ceasefire
The renminbi rallied on Tuesday after news emerged that the US is considering dropping some of the tariffs imposed on China in an effort to pause the trade war between the two countries.
The Financial Times revealed that the White House is considering removing $112bn worth of levies on Chinese goods, such as clothing, appliances and flat screen monitors, all of which were introduced on...
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