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

  2. 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

    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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