Asian currencies fall amid US tariff worries

The United States has imposed new tariffs ranging from 10% to 12.5% on imports from 60 trading partners, replacing the temporary tariffs of 10%. These measures have led to an increase in U.S. Treasury revenues, with 10-year bond yields exceeding 4.7%. The dollar continues to rise against regional currencies following higher oil prices and geopolitical tensions, which heighten inflation concerns and keep the Federal Reserve cautious about monetary easing.

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