Sorry, til you tell me what Trump can do about the Yuan - this is all just bluster and emotion with no logical under pinning. If Trump’s warning about China was TRUE - then they’d have been UP 9% today, Not DOWN 9%.
Think people. Common sense.
Trump said it on O’Reilly last night — what he would do. He would fight back. One tool would be tariffs. O’Reilly replied with the predictable “trade war” scare tactic, and Trump replied that they already impede our products getting to their markets, and NOW they’re making them more expensive.
The lowering of the value of their currency is a trade war tactic.
Trump is saying we should fight back rather than bohica.