China’s top leaders are considering allowing the yuan to weaken in 2025 to counter potential U.S. trade tariffs under Donald *****’s presidency. ***** plans to impose a 10% universal import tariff and a 60% tariff on Chinese imports. A weaker yuan could make Chinese exports cheaper, mitigating the tariff impact, and creating looser monetary settings […]*****’s Tariff Threat Prompts China to Consider Yuan Devaluation
China’s top leaders are considering allowing the yuan to weaken in 2025 to counter potential U.S. trade tariffs under Donald *****’s presidency. ***** plans to impose a 10% universal import tariff and a 60% tariff on Chinese imports. A weaker yuan could make Chinese exports cheaper, mitigating the tariff impact, and creating looser monetary settings […]