Dollar edges up after Trump announces new tariffs, fuels trade worries


TOKYO (Reuters) – The dollar was slightly higher on Tuesday and China’s yuan fell as global markets braced for Beijing’s response to new U.S. tariffs on Chinese goods.

The dollar index against a basket of six major currencies was up 0.09 percent at 94.585 (DXY). The greenback in recent months has benefited from safe-haven flows amid the escalating Sino-U.S. trade conflict.

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