China’s Finance Ministry: Will adjust trade tariffs on some goods from January 1

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China’s Finance Ministry: Will adjust trade tariffs on some goods from January 1 China TradeWar AUDUSD

“China has decided to further reduce the tariffs for most favoured nations on 62 types of information technology products from July 1 next year. That step will cut China's overall tariffs to 7.3% from 7.4%.”“Export tariffs on aluminium and aluminium alloys are to be raised.”“Will meet shoppers' demands, import tariffs will be further lowered on coffee makers and juice extractors.”AUD/USD is uninspired by the above headlines, weaker by 0.08% on the day at 0.6730, as of writing.

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