donald trump

Trans-Pacific Partnership: Free trade deal faces uncertain future after Donald Trump vows to withdraw

With Donald Trump’s announcement that he intends to withdraw the US from the world’s largest trade deal, experts are divided over whether it can survive at all. The Trans-Pacific Partnership is a 12-country free trade agreement that includes Australia. While Japan’s prime minister Shinzo Abe has said a TPP without the US is meaningless, the […]

China - yuan

Donald Trump’s win in US presidential election sends China yuan to six-year low against dollar

The Chinese yuan plunged to a fresh six-year low against the dollar on Thursday, tracking a broad rally in the greenback after Donald Trump won the U.S. presidential election. The yuan fell to 6.7918 against the dollar, down from 6.7769 on Wednesday. Thursday’s slide put the Chinese currency at its lowest level since August 2010. […]