The US dollar has hit a one-month low against sterling, with investors losing confidence over rising tensions with China and as protests spread throughout the country following the killing of George Floyd.
China’s state-owned farms have apparently been told to stop buying American pork and soybeans, in the latest move in tit-for-tat retaliation between the two countries. Meanwhile, Donald Trump said that preferential travel and trade agreements for Hong Kongers would end, although he has not yet outlined precise policies.
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