China’s Commerce Ministry urges US to lift sanctions on Chinese companies

In a statement on Thursday, China’s Commerce Minister called on the US to lift "unilateral" sanctions against them.

The Ministry also asked the US to immediately stop what it called the unreasonable suppression of Chinese enterprises.

Market reaction

AUD/USD is unfazed by the renewed US-China tensions, trading 0.89% higher on the day at 0.6847, as of writing.