President Trump: Until there's a deal, we'll be taxing hell out of China

President Trump has been crossing the wires again and the Yen is picking up the bid, continuing with its downtrend. 

Trump has said, "Until there's a deal, we'll be taxing the hell out of China."

Seems like trade wars are here to stay and that's bad news for risk. 

• Forex today: Trump shakes the backbone of markets to its core with fresh tariff announcements