Commentary: Ahead of G-20, Currency Dominates Global Economic Landscape as Trump Blasts Chinese, European Devaluations

by Robert Romano   President Donald Trump is broadening his trade message to foreign economies to include currency ahead of the G-20 meetings in Japan next week, blasting both China and Europe for competitive devaluations of the yuan and euro, respectively. On June 18, Trump tweeted, “Mario Draghi just announced…

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New Tariffs on Chinese Products Go into Effect

  The United States has increased tariffs from 10 percent to 25 percent on $200 billion worth of Chinese imports. China on Friday said it “deeply regrets” the increased tariffs and will take the “necessary countermeasures” without giving any details. The increases are going into effect amid talks between Chinese…

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US Holds ‘Constructive’ Trade Talks With China

American and Chinese trade negotiators made progress during “candid and constructive discussions” in Beijing Friday, said the White House, and will continue talks in Washington next week. The two sides are working to strike a deal to lift eight-month-old tariffs affecting $250 billion of Chinese imports to the U.S., and…

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