USD/CNY faces pressure as Dimon warns US-China trade tensions persist

USD/CNY remains elevated near 7.25 levels as JPMorgan CEO Jamie Dimon's comments at the Reagan National Economic Forum highlight persistent US-China trade frictions. Dimon warned that China will not "bow down" to US trade demands, suggesting prolonged tensions ahead. He emphasized the need for the US to address internal issues including regulation, taxation, and immigration policy to maintain competitiveness. The CEO characterized China as a "potential adversary" that is "doing a lot of things well," underscoring the strategic competition between the world's two largest economies. These comments reinforce market expectations of sustained trade uncertainty, supporting dollar strength against the yuan. Technical indicators show USD/CNY testing resistance at 7.2550, with support at 7.2300. Traders should monitor upcoming trade policy announcements and Chinese economic data for directional cues in the pair.