If China aggressively intervenes in the yuan, it "raises the risk of a tariff cascade"
2024-12-12
Category: economic

Reuters published a piece on China is allowing the yuan to weaken next year to address higher tariffs from the incoming Trump administration. 
The article is gated, but this snippet from HSBC sounds warning bells. 
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Earlier re China/tariffs/Trump/Xi:
USD/CNY weekly candles ... yuan is not strong on this time frame. 