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China Prepares For Worst On Trade Issues With America

China Prepares For Worst On Trade Issues With America
One of Reuters' sources said he thought it unlikely that Trump would label China a currency manipulator. "If he does that, China will let the yuan go, and the yuan will fall sharply," the source said. Weakening the yuan or dumping some of China's massive holdings of U.S Treasuries could be considered only when trade relations deteriorate sharply, t...
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