# Talk of new tariffs extends flight to haven currencies, sparking yen and dollar rally - MarketWatch

> The yen and dollar rallied on Tuesday as Trump threatened new tariffs on up to $400 billion of Chinese goods on top of $50 billion already announced. Beijing said it would take comprehensive countermeasures, and the Australian dollar fell to a one-year low.

- Date: 2018-06-19 · published 2018-06-19T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/64807-talk-of-new-tariffs-extends-flight-to-haven-currencies-sparking-yen-and-dollar
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Escalating US-China tariff threats drive safe-haven flows into the dollar and yen and weigh on China-linked currencies, which can pressure export demand for US farm goods.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-11-26 | [Trump tariff vow hits Mexican and Canadian currencies, yen firm \| Reuters](https://feedsoft.ai/events/27632-trump-tariff-vow-hits-mexican-and-canadian-currencies-yen-firm-reuters.md) | -0.0% | +1.1% |
| DXY | 2026-05-15 | [Ahead of the Open \| Grain market extends pullback overnight - Pro Farmer](https://feedsoft.ai/events/9304-ahead-of-the-open-grain-market-extends-pullback-overnight-pro-farmer.md) | +0.6% | +0.7% |
| 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 | 2024-12-03 | [Trump’s tariff threats fuel currency instability, market pressure](https://feedsoft.ai/events/12459-trump-s-tariff-threats-fuel-currency-instability-market-pressure.md) | -0.4% | +1.7% |
| DXY | 2024-11-26 | [Dollar jumps, stocks retreat after Trump vows tariffs](https://feedsoft.ai/events/27637-dollar-jumps-stocks-retreat-after-trump-vows-tariffs.md) | -0.0% | +1.1% |

## Sources

- marketwatch.com: https://www.marketwatch.com/story/trade-turmoil-sparks-flight-to-haven-currencies-as-yen-and-dollar-rally-2018-06-19

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