🚨🇨🇳CHINA TO BANKS: STOP BUYING U.S. DOLLARS
Trump’s new 104% tariffs are hitting hard — and now China is scrambling to keep its currency from crashing.
The Chinese central bank just ordered major state banks to stop buying U.S. dollars and start buying yuan to slow the drop.… https://t.co/Wqnvo9igBp pic.twitter.com/a3aUtrtdFV
— Mario Nawfal (@MarioNawfal) April 9, 2025