International Macroeconomics and Exchange Rates

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

By ·August 7, 2018
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 ...
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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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