How the US-China trade war turned into a currency war

The Trump administration has turned its sights on China's currency as the two countries continue to trade blows in the ongoing trade war. In early August 2019, the U.S. Treasury Department designated China as a currency manipulator, shortly after the yuan fell sharply and send markets into a tailspin. Here's what a currency war looks like, and what it means for the trade war and global markets.

[TheMjoDoj]

It's also only a badge of dishonor to be labeled something if the entity labeling you has integrity. No one takes Trump or his opinions seriously anyways. Like how he calls people all sort so of names on Twitter and it's only become a badge of honor to be insulted by Trump because Trump himself is so dishonorable. The insults he calls people literally helps their reputation, not hurt it.

[curtiscarpenter]

It's a currency plan you need to boost currency value not just quantitative easing, developing a hard currency, and boosting money supply with a higher denomination note.

[Anthony_in_Bloomington_Indiana]

What does it mean when a currency is weaker? Weaker compared to what?

[kornpop]

Can china keep printing more bills to offset the ever escalating usa tariffs?
How many people will be willing to take this paper?

[kvdgadj]

The america stock market in doing that great?

[frankjones]

Cant wait for negative interest rates - free money hooray

[interpol]

It'll go to low as 9 yuan per us dollar

[Tony-depx]

fabulous explanation really well done really explains this very well thank you

[DSC]

She talks about trading countries wanting a weaker currency to help exports, this is true for the dollar relative to the world but not for dollar/yuan. Since Trump started the trade war in Q1/2018 the yuan has lost ~15% of its value, offsetting much of the tariffs so in effect they are paying for the tariffs because US companies supply chain will benefit. True that our exports to China will be hurt, but our imports are much greater.

[flaklognon]

China is just not blowing its holding to support the rmb, they need to make a deal for u.s to help support a higher rmb. once thats done problems fixed