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China Devalues the Yuan; The US/China Trade War Gets a Second Front
This week Trump labeled China a currency manipulator as the Chinese yuan dropped to a ten year low. People are asking what is going on and whether this could trigger a currency war between China and the United States. Here’s what this means.
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By Stephen MackeyThis week Trump labeled China a currency manipulator as the Chinese yuan dropped to a ten year low. People are asking what is going on and whether this could trigger a currency war between China and the United States. Here’s what this means.