A stronger Chinese yuan shows that China is not “eating” U.S. tariffs. Instead, Americans are paying them—made worse by a weaker dollar that adds additional FX costs on top of the tariffs. The currency markets reveal who’s really winning this trade war.
#TradeWar #Tariffs #ChineseYuan #Forex #CurrencyMarkets #MacroEconomics #GlobalTrade #DollarWeakness #PeterSchiff #short
