Axios came out with the news, leaning on Trump administration official, suggesting that President Donald Trump leans toward preserving his cut in total funding for the World Health Organization (WHO) after was about to announce that it would restore partial funding.
President Trump is leaning towards preserving his total reduction in funding for the World Health Organization after he was about to announce that he would restore partial funding, according to three sources familiar with the situation.
A fourth source, a senior government official, warned that decision-making was fluid and could still change.
Trump spent his weekend at Camp David with some of his closest Republican allies in the House of Representatives.
A source close to the private talks said that House members at Camp David urged Trump “not to give a penny to the WHO”.
While US-Chinese tension is already weighing on market sentiment, such information could reinforce risk movements. As a result, the AUD / USD pair, currently close to 0.6420, will have an additional reason to continue to fall.