# Rupiah Slumps as US-China Trade War Escalates

> The rupiah weakened sharply on Monday to close at 16,448 per dollar after US tariffs on Canada, Mexico and China and retaliation by Canada and China. The dollar index rose to 109.7 amid global trade uncertainty.

- Date: 2025-02-03 · published 2025-02-03T12:00:00.000Z
- Category: trade · region Indonesia · magnitude medium
- Page: https://feedsoft.ai/events/26364-rupiah-slumps-as-us-china-trade-war-escalates
- Commodities: [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Escalating US-China tariffs weigh on Chinese demand for US and other farm commodities and on emerging-market currencies that drive Indonesian feed import costs.

## Read by commodity

- DXY: bullish ▲
- USDIDR: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-07-01 | [Forex markets: Dollar advances to 2-week high after US-China trade tensions ease](https://feedsoft.ai/events/58330-forex-markets-dollar-advances-to-2-week-high-after-us-china-trade-tensions-ease.md) | +0.4% | +0.9% |
| DXY | 2019-06-30 | [Sterling sags as dollar rises after G20 US, China agreement](https://feedsoft.ai/events/58852-sterling-sags-as-dollar-rises-after-g20-us-china-agreement.md) | +0.4% | +0.9% |
| DXY | 2020-04-30 | [USD/JPY extends recovery gains above 107.00 as US Pres. Trump renews trade war fears - Forex Crunch](https://feedsoft.ai/events/53861-usd-jpy-extends-recovery-gains-above-107-00-as-us-pres-trump-renews-trade-war.md) | +0.7% | -1.4% |
| DXY | 2019-08-05 | [Oil Slumps Into Bear Market as Trade Tensions Feed Demand Angst - Bloomberg](https://feedsoft.ai/events/10827-oil-slumps-into-bear-market-as-trade-tensions-feed-demand-angst-bloomberg.md) | +0.2% | +1.7% |
| DXY | 2018-05-08 | [U.S.-China trade tensions press CBOT soybeans - Xinhua \| English.news.cn](https://feedsoft.ai/events/7885-u-s-china-trade-tensions-press-cbot-soybeans-xinhua-english-news-cn.md) | -0.1% | +1.5% |

## Sources

- jakartaglobe.id: https://jakartaglobe.id/business/rupiah-slumps-as-uschina-trade-war-escalates

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