Finance and Financial Management Commons^™

Reaction Of Currencies To Trade War, Thanh Huong Tra Nguyen

Undergraduate Research

Recently, China has announced plans for reciprocal tariffs on $50 billions of 106 products that imported from the United States as the second response to President Donald Trump’s increasing tariffs on Chinese exports. Only in a few months, the two influential countries have consecutively announced punishment policies on each other’s exports in order to protect their advantages. The economic war between the two most powerful economies have great impact not only on currencies of themselves but also on those of other countries. After each policy was announced, different countries have their currencies fluctuated differently. The change in exchange rate is …