Dollar closes more than 2%, worsening trade tension | Economy



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The US dollar rose 2.12% to R $ 3.88. See more quotes. Tourism in dollars was sold close to R $ 4.04, excluding the financial transaction tax (IOF).

China accuses the United States of intimidation and warns that it will respond to new threats

China has accused the United States of intimidation and warned that it would react to threats of new 10% of more than 200 billion dollars of Chinese products Tuesday (10). The two countries exchanged constant threats and applied mutual surcharges on imported products.

  Containers with goods for the export port of Qingdao, China. (Photo: Chinatopix / AP) <img clbad = "image content-media__image" itemprop = "contentUrl" alt = "containers with goods for the export port of Qingdao, China. (Photo: Chinatopix / AP) "title =" Background with goods for the export port of Qingdao, China. (Photo: Chinatopix / AP) "data-src =" https://s2.glbimg.com/BtOqXeBwN1c_2GmHVvXJsRU4yeY= /0x0:3500×2333/984×0/smart/filters:strip_icc()/i.s3.glbimg.com/v1/

Beijing says that it will respond with a charge to export the Qingdao port, China (Photo: Chinatopix / AP)

again against Washington's tariff measures, including "qualitative measures." US companies in China fear that such a threat will lead to more severe inspections or delays in investment approvals or even boycotts of consumers

200 billion far exceed the total value of goods that the Ch It imports from the United States, which means that Beijing may need to find creative ways to respond to these US measures, accounting for 40% of China's annual sales to the United States.

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Financial Education: What makes the value of the dollar change relative to the real?

The Central Bank offered and sold 14,000 traditional swaps, equivalent to the future sale of dollars, to refinancing contracts maturing in August for a total of $ 14.023 billion.

With that, rolled the equivalent of $ 4.9 billion of the total that wins next month. As it has done recently, the Central Bank has not announced any extraordinary intervention in the foreign exchange market for this trading session, according to Reuters.

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