Published: 2025-08-07T05:31:40.000Z
AUD/USD flows: Tariff man continues to strike
FX Analyst
4
Topics
Trump promises very large, 100%, tariffs to come on chips and semiconductors
Trump is threatening China with an extra 25% tariff over Russia oil buys
Tariff man strikes again on Thursday as Trump suggest tariffs on chips, semiconductors and those who buy Russian oil. However, the big caveat comes from Apple and TSMC already received exemption. It seems to suggest anyone who is planning to invest in America, will be receiving exemptions. Tech equities love that and we see the broader risk sentiment stays upbeat.
AUD/USD is trading 0.14% higher at 0.6513.