Currency Manipulation

China’s currency slide is graduating from benign neglect to something more deliberate. Whether or not you deem it currency warfare, it is playing with political and financial fire.

China evaluates impact of currency depreciation among trade tensions.

President Donald Trump declared that neither the U.S. nor China would be “happy” if North Korea tested more missiles, and said “we’ll see” if military action would be needed to curb the country’s nuclear ambitions.

When it comes to China, has U.S. President Donald Trump played a diplomatic master stroke? Not so fast, say analysts who are quick to puncture hopes of budding bromance between the leaders of the two countries.

While China’s surplus with the United States is pretty big, its global surplus is modest, at 2.4 percent of its gross domestic product last year. Most significant, it has been pushing its currency up, not down.