Some USD strength nearly across the board

Quite sharp moves too, albeit not of a huge extent (it is Asia, after all)

AUD/USD is down from highs above 0.8025. This from China earlier didn't help it:

• China - US tariff decision further deteriorates global trade environment

The tariff announcement from the US does increase escalation risk into a 'trade war', which is not a positive for China and I turn for Australia.

But, its not just the AUD that is lower, like the headline says, its nearly across the board ... update:

more to come

Just as a ps its worth noting that the US tariff news was out hours and hours ago and its only the past minutes that have seen the AUD fall. Curious. The explanation of the delay would be an interesting story. I like stories.(I will accept lower opening on Dalian iron ore ;-) )

USD/JPY is not doing much, the USD strength not appearing against the yen to much extent at all.