International Macroeconomics and Exchange Rates

Is China Weakening the Yuan to Fight U.S. Tariffs? (UPDATE)

By ·July 11, 2019
Fletcher School, Tufts University

The Issue:

The yuan has declined in value against the dollar by about 9 percent since the Spring of 2018. A weaker yuan tends to make Chinese goods cheaper in the United States and would partially offset the tariffs that the Trump administration is imposing on Chinese imports. Treasury Secretary Steven Mnuchin

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Is China a Currency Manipulator?

By ·January 20, 2017
Fletcher School, Tufts University

The Issue:

Donald Trump has said that, upon taking office, he will declare China a currency manipulator. Many Americans, understandably angered by factory closings and job loss seemingly due to Chinese competition, appear to support this. An artificially cheap yuan enables Chinese exporters to unfairly undercut ...
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