Is China Weakening the Yuan to Fight U.S. Tariffs?
·August 7, 2018
Fletcher School, Tufts University
Fletcher School, Tufts University
The Issue:
The Chinese currency has declined in value against the dollar by over 7 percent since mid-May. This lowers the cost of Chinese exports to the United States and could help counteract the effect of United States tariffs that would make imports from China more expensive. The Trump administration has interpreted ...Read more