NZD/USD SOFTENS TO NEAR 0.5600 ON TRUMP TARIFF THREAT

NZD/USD SOFTENS TO NEAR 0.5600 ON TRUMP TARIFF THREAT
NZD/USD SOFTENS TO NEAR 0.5600 ON TRUMP TARIFF THREAT

NZD/USD is falling close to 0.5600 in early Asian trading on Tuesday.

The drop is due to concerns over new US tariffs.

China is planning to respond to these tariffs with countermeasures.

US manufacturing data (ISM PMI) was weaker than expected, dropping to 50.3 from 50.9.

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