Defeat Trump
Publisher: Menafn
Author: William Pesek
13 Nov 2018
Sliding Chinese yuan risks Trump trade war backlash
The laws of Trumponomics, after all, are more about resentment and victimhood than stirring animal spirits. And no woe-is-America narrative is more pervasive in the Trump era than China “raping” the US workforce and “stealing” growth from Washington. An undervalued yuan is a pillar of this theory. It’s “killing us,” as Trump likes to say.