
- The Australian Dollar loses ground following tariff threats made by US President Donald Trump.
- The AUD faced challenges amid increased risk aversion due to news of growing momentum among Trump’s advisers to implement tariffs.
- Trump stated that he “wants tariffs ‘much bigger’ than 2.5%,” the rate proposed by Treasury Secretary Scott Bessent.
The Australian Dollar (AUD) continues to decline for the second consecutive day against the US Dollar (USD) on Tuesday. The AUD/USD pair’s weakness can be linked to tariff threats made by US President Donald Trump.
The risk-sensitive AUD also faced challenges amid increased risk aversion due
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