The New Zealand dollar fell as China responded to US tariffs by imposing its own trade levies on US$34 billion of US goods, unsettling markets and weighing on commodities. The kiwi dollar declined to 69.39 US cents as at 8:30am in Wellington from 69.48 cents in New York on Friday. The trade-weighted index was at 73.50 from 73.56. China responded to US tariffs on US$50 billion of Chinese goods by targeting farm commodities and cars from the US for tariffs of its own, and flagging a further US$16 billion of goods such as coal and oil that will face tariffs down the track. US President Donald Trump had warned he would ... (full story)