China Weakens Yuan Fixing By Most In Two Years After Trump’s Fed Broadside

On Thursday, Donald Trump fired yet another shot across the bow in the burgeoning global trade war, but not with a tariff threat, rather with a stunning rebuke of Jerome Powell's Fed. In a truly remarkable interview with CNBC's Joe Kernen, Trump expressed his dismay at ongoing rate hikes which he clearly believes have the potential to put the brakes on his MAGA miracle economy. While it's unlikely that Trump understands (or cares) about the nuance, he probably does have a decent grasp on the r

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