Trump tariff trading with Exness
By Paul Reid
The latest wave of Trump tariffs has sent global markets into a spin, and Exness traders are watching closely. China has vowed to "fight to the end" after President Donald Trump confirmed a new round of duties—50% on Chinese goods, following China’s own 34% counter-tariffs. This back-and-forth has raised fears of a trade war. Such a war could greatly affect global supply chains and the assets on Exness.
Traders using Exness have access to several China-related assets that may feel the impact. Currency pairs such as USDCNH and USDHKD are affected by trade tensions.
USDCNH is the exchange rate between the US Dollar and the Offshore Yuan.
USDHKD is the exchange rate between the US Dollar and the Hong Kong Dollar.
Both pairs react strongly to trade issues between the two countries.
The offshore yuan often weakens in response to geopolitical conflict, and the Hong Kong Dollar can follow suit due to its close economic alignment with China.
For equity traders, there’s even more to watch. Chinese stocks listed on Exness, such as BABA (Alibaba), JD.com, XPEV, NIO, TAL, and Tencent Music, are likely to react quickly to any escalation or easing of tariff-related rhetoric. Increased tariffs may reduce exports, affect earnings, and in turn, drag down share prices.
Exness traders in the US should watch US500, US30, and USTEC. These represent the S&P 500, Dow Jones, and Nasdaq. While tech-heavy indices may initially dip due to uncertainty and supply chain risk, they could recover if trade talks resume or if companies pivot quickly.
Stocks like Amazon (AMZN), Tesla (TSLA), Apple (AAPL), and Walmart (WMT) may all be affected by the increased cost of imported goods or retaliatory tariffs on their exports.
The DXY (US Dollar Index) is another one to watch. Any change in interest rates or inflation expectations caused by tariffs could affect the dollar's strength. This would impact all USD-based pairs on Exness. Similarly, gold (XAUUSD) has risen due to rising uncertainty, acting as a safe haven for traders avoiding the turbulence.
Statements from US officials also suggest there may be a shift in tone. Treasury Secretary Scott Bessent reportedly urged Trump to start talking about a negotiation “endgame” to help stabilize markets.
This hint of flexibility helped lift indices briefly, but volatility remains high. Traders should keep an eye on official commentary from both countries, as even small changes in language can move the markets.
Japan could be prioritized in trade talks, and this affects JPY pairs like USDJPY, CHFJPY, and EURJPY. If negotiations favor Japan, the yen could gain strength, offering short-term trading opportunities.
Exness traders are encouraged to:
- Monitor currency pairs tied to the Chinese yuan and the Japanese yen.
- Watch US stock indices and individual companies with global exposure.
- Keep an eye on gold and the DXY for safe-haven flows.
- Look for shifts in central bank commentary that could affect rates and risk sentiment.
Volatility brings opportunity, but also risk. Use the Exness demo account to test your ideas and adjust your strategy without risking real capital. For mobile access and on-the-go insights, download the Exness Trade App.
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This is not investment advice. Past performance is not an indication of future results. Your capital is at risk, please trade responsibly.
Author:
Paul Reid
Paul Reid is a financial journalist dedicated to uncovering hidden fundamental connections that can give traders an advantage. Focusing primarily on the stock market, Paul's instincts for identifying major company shifts is well established from following the financial markets for over a decade.