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Why China Has Actually Been Trump’s Best Friend In Guarding Against Yuan Depreciation

"...it is not clear to us that the labeling-exercise is consistent with the administration’s own craving for CNY strength".

"...it is not clear to us that the labeling-exercise is consistent with the administration’s own craving for CNY strength".
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3 comments on “Why China Has Actually Been Trump’s Best Friend In Guarding Against Yuan Depreciation

  1. Uni102 says:

    I also wish reporters would ask these officials what techniques China should use to maintain the value of the yuan.

  2. MC says:

    So now the narrative is that the administration’s new best friend has been helpful – uh, until they get insulted enough to say “Well just forget it, we’ll let it float!” A new tool in their toolbox?

  3. Anonymous says:

    Obviously “manipulation” was to strengthen the Yuan. Trump is like a spoiled kid that calls his parents names when he gets disciplined. Then Navarro opening his mouth on CNBC confirms the sentiment of Rex T.

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