The renminbi continues to face downward pressure after the US imposed new tariffs on Chinese goods. This escalation of trade tensions has driven the USD/CNY exchange rate up to 7.2877, marking its highest level since January 21. As the situation develops, traders monitor the implications of tariff policies on the Chinese economy. Investors are bracing for potential long-term effects on the renminbi if trade relations do not improve. Understanding the dynamics of international trade will be crucial in forecasting USD/CNY movements in the coming weeks. The market remains on edge as participants evaluate the evolving landscape.