# US dollar recovers, Aussie hits five-year low after China tariff retaliation

> The US dollar rebounded against the euro and yen on Friday, while the Australian dollar hit a five-year low after China retaliated against US tariffs. Powell said tariffs raise the risk of higher inflation and slower growth.

- Date: 2025-04-04 · published 2025-04-04T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/25332-us-dollar-recovers-aussie-hits-five-year-low-after-china-tariff-retaliation
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

China's retaliation threatens US farm export demand, and a stronger dollar against the Aussie can shift competitiveness for Australian grain and feed exports.

## Read by commodity

- SOY: bearish ▼
- AUDUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-06-22 | [China's Retaliation to Trump's Tariffs \| PIIE](https://feedsoft.ai/events/64584-china-s-retaliation-to-trump-s-tariffs-piie.md) | -2.2% | -3.5% |
| SOY | 2019-08-01 | [Dollar falls against yen after Trump whacks China with more tariffs \| Reuters](https://feedsoft.ai/events/57813-dollar-falls-against-yen-after-trump-whacks-china-with-more-tariffs-reuters.md) | -1.8% | -1.3% |
| SOY | 2018-06-16 | [China hits U.S. agriculture with retaliation](https://feedsoft.ai/events/64580-china-hits-u-s-agriculture-with-retaliation.md) | -1.2% | -8.4% |
| SOY | 2025-04-01 | [Trump's China tariffs trigger retaliation against U.S. farm products](https://feedsoft.ai/events/14679-trump-s-china-tariffs-trigger-retaliation-against-u-s-farm-products.md) | -3.1% | +2.6% |
| SOY | 2018-02-15 | [Sorghum takes hit as China retaliates for tariffs on solar panels](https://feedsoft.ai/events/66548-sorghum-takes-hit-as-china-retaliates-for-tariffs-on-solar-panels.md) | +1.4% | +2.3% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/dollar-fragile-traders-take-stock-tariff-fallout-ahead-us-jobs-report-2025-04-04/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.