KUALA LUMPUR: The ringgit extended its downtrend from yesterday to open lower against the US dollar on the strengthening of the greenback amid heightened worries about the US-China trade dispute, dealers said.
At 9.05 am, the ringgit was trading at 4.2120/2150 against the greenback from 4.2110/2150 on Tuesday.
News reported that the United States will levy an additional five per cent tariff on US$300 billion worth of Chinese goods starting Sept 1.
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