In the early hours of the morning, President Trump raised a further $200bn worth of tariffs on Chinese exports (5,700 different products to be exact), moving the tariff from 10% to 25%.
Due to China’s weakening economy, relative Yuan overvaluation, strength of the American Dollar, and trade-war with the USA, the Yuan is likely to depreciate against the Greenback in the near-to-medium… read more →
