The US announcement on more tariffs on China was expected, but the threat for even great tariffs that came along with it has had a bigger impact
- US to impose extra tariffs on China from September 24 , around US200bn
- More from Trump - if China retaliates will put tariffs on another 267bn
I bolded the number two
AUD be like, oh dear …
AUD not the only 'risk' asset dropping.