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Published on 12 Dec 2024 on Benzinga

China Eyes Yuan Devaluation To Counter Trump's Tariffs: Will It Work? - iShares...

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China may be playing its biggest economic card yet.

According to sources cited by Reuters this week, Chinese policymakers are considering allowing the yuan to weaken significantly in 2025 to counter the economic impact of a potential 60% tariff on Chinese imports by the United States.

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