The Chinese yuan slips slightly today against the US dollarThe Chinese yuan slips slightly today against the US dollar thanks to the threat of fresh tariffs from Washington. However, geopolitical tensions won’t stop the pair from reaching its support area in the coming sessions. The USD/CNH trading pair is widely projected to continue its fall as the US dollar loses steam. The trade war tension between the two of the globe’s biggest economies continues to rise. Just recently, the United States President Donald Trump was reported planning to sign legislation that will enforce crippling sanctions on Chinese officials involved in the oppression of other religious minorities in China, mainly Uighur Muslims. A source familiar with the matter told reporters about the news but has not yet given any details about the target date for the signing of the legislation. If this gets signed, the trade war between Beijing and Washington will escalate into the next level, potentially disrupting the USD/CNH exchange rate.