China’s prime leaders are contemplating permitting the yuan to weaken in 2025 to counter potential U.S. commerce tariffs underneath Donald Trump’s presidency. Trump plans to impose a ten% common import tariff and a 60% tariff on Chinese language imports. A weaker yuan might make Chinese language exports cheaper, mitigating the tariff impression, and creating looser financial settings […]
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Trump’s Tariff Risk Prompts China to Take into account Yuan Devaluation
