The yuan is an inherently weak currency. It is not accepted as payment in international trade ( with the exception of Iran that due to sanctions is forced to accept yuan for any oil it manages to sell to China). The value of the yuan of course depends on the well being of the Chinese economy which is export oriented. Even if China accumulates US dollars, trading partners still view the yuan with suspicion. Its value can be adulterated by the Central Bank which is in turn controlled by Communist Party officials. If the Chinese economy weakens due to a decline in exports to the US, the yuan weakens. When it weakens Chinese workers will be pay more for essential goods and their standard of living will decline. There is only so much weakening of the yuan China’s central bank can engineer before domestic prices rise ( negating any export advantage to foreign buyers) and there is significant, socially disruptive inflation. Tariffs are a crude weapon but eventually the Chinese will experience the pain Trump wants to inflict.The Communist Party does not want domestic difficulties especially in view of the problems they are having in Hong Kong. Then again American farmers and consumers are also feeling the effects.
Leland Vittert has proved himself to be a gigantic @$$.
Over and over again.
Leland and that female gem, Arthel Neville or quite the pair on Fox when they’re teamed up. May as well watch MSNBS.
THAT’S why I stopped watching fox news about 5 years ago now.
It was uncomfortable and not enjoyable to watch and not enlightening at all anymore.
Just a lot of yelling.
I’m Italian. I could go to a family party for that.
Leland thinks he’s smarter than the experts and that its his job to negotiate on behalf of our adversaries.
Somebody is paying big money for anti-Tariff youtube ads. My son saw one in here in Florida last week. I didn’t catch it but suspect it is Chamber of Amnesty or other big donors attemption to cost Trump votes in 2020. There is big money behind defeating Trump’s china policy and the Fox anchors like this dope are happy to play for Team Anti-America.
We quit watching FOX quite awhile ago. Vittert is one of the reasons. Him, and that snotty blonde used to be on with him on the weekends.
Leland is UNWATCHABLE!! TURN THE CHANNEL!! ARTHEL also is UNWATCHABLE! The WEEK-ENDS SUCK!
this Fox guy has been rude many times... I saw this show and turned the TV off. he wasn’t giving any chances for the guest to talk.. and so rude for no reason..
Vittert is an arrogant, ‘smart a..’. After he badgered a Republican last week, I sent him a tweet asking him to clarify if his show was an opinion show or a ‘news show’. Sure seems like it’s opinion and his opinion is what counts. Said I would watch for him to badger a Democrat the way he did the GOP rep.
Cannot watch him....
Vittert always interrupts his guests with the ever irritating ums and uhs as he stutters to get some point out.
I noticed Hemmer giving KellyAnne Conway a bunch of crap.
FoxNews will learn that it’s easier to throw away your base than to get them back..
Day Fox is liberal crap... most of the weekend stuff is liberal crap. CNNlite... What idiots.