One Weapon China Is Reluctant to Deploy Against Tariffs: A Weaker Currency
Jan 17, 2025
The last time Trump hit China with tariffs, Beijing devalued the yuan, blunting the impact. This time, Xi Jinping has signaled the country should defend its currency.
https://www.wsj.com/articles/us-china-tariffs-yuan-currency-value-d274ea9c
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