# USD/CNH: Testing 7.3000 as Yuan Faces Fresh Tariff Headwinds

> An additional 10% tariff on Chinese imports, starting March 4, doubles the existing duty and was linked by Trump to the fentanyl trade. The yuan weakened and USD/CNH tested 7.3000 before pulling back, possibly on Chinese intervention. Analysts flag a risk of a stronger Chinese retaliation.

- Date: 2025-02-28 · published 2025-02-28T12:00:00.000Z
- Category: trade · region China · magnitude high
- Page: https://feedsoft.ai/events/26297-usd-cnh-testing-7-3000-as-yuan-faces-fresh-tariff-headwinds
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

New US tariffs raise the risk of Chinese retaliation against US agricultural exports, which would weigh on US soybean demand and prices. The weaker yuan also reduces Chinese purchasing power for US goods.

## Read by commodity

- SOY: bearish ▼
- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-05-06 | [China stocks, yuan tumble on Trump's fresh tariff threats \| Reuters](https://feedsoft.ai/events/59287-china-stocks-yuan-tumble-on-trump-s-fresh-tariff-threats-reuters.md) | -3.9% | +6.0% |
| SOY | 2018-05-09 | [China cutting US soybean purchases in face of tariffs threat \| AP News](https://feedsoft.ai/events/64913-china-cutting-us-soybean-purchases-in-face-of-tariffs-threat-ap-news.md) | +0.7% | -1.7% |
| SOY | 2019-05-13 | [Forex Market: Yuan weakest since December as China adds tariffs](https://feedsoft.ai/events/8441-forex-market-yuan-weakest-since-december-as-china-adds-tariffs.md) | +3.1% | +7.7% |
| SOY | 2025-07-18 | [Tariff Retaliation, USDA Farm Security Plan Needs More Resources — Plus More From D.C.](https://feedsoft.ai/events/23748-tariff-retaliation-usda-farm-security-plan-needs-more-resources-plus-more-from.md) | -1.7% | -1.3% |
| SOY | 2019-05-06 | [Chinese yuan tumbles as Donald Trump threatens trade tariffs](https://feedsoft.ai/events/10428-chinese-yuan-tumbles-as-donald-trump-threatens-trade-tariffs.md) | -3.9% | +6.0% |
| USDCNY | 2019-05-06 | [China stocks, yuan tumble on Trump's fresh tariff threats \| Reuters](https://feedsoft.ai/events/59287-china-stocks-yuan-tumble-on-trump-s-fresh-tariff-threats-reuters.md) | +1.3% | +2.5% |
| USDCNY | 2019-05-13 | [Forex Market: Yuan weakest since December as China adds tariffs](https://feedsoft.ai/events/8441-forex-market-yuan-weakest-since-december-as-china-adds-tariffs.md) | +1.4% | +1.6% |
| USDCNY | 2019-05-06 | [Chinese yuan tumbles as Donald Trump threatens trade tariffs](https://feedsoft.ai/events/10428-chinese-yuan-tumbles-as-donald-trump-threatens-trade-tariffs.md) | +1.3% | +2.5% |

## Sources

- cityindex.com: https://www.cityindex.com/en-uk/news-and-analysis/usd-cnh-testing-7-3000-as-yuan-faces-fresh-tariff-headwinds/

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