China trade war: Why Beijing is not a ‘currency manipulator’

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Published on 21 Oct 2019, 20:45
The European Union has vowed to retaliate against new US tariffs on goods ranging from cheese to alcohol to olives. European officials worry that a trade with the US is a “lose-lose” situation and that “the only winner will be China.” Meanwhile, there’s an apparent thawing in the US-China trade war and signs of substantial progress toward a new deal. RT America’s Sara Montes de Oca reports.

Then “Boom Bust” co-host Christy Ai joins Scottie Nell Hughes to discuss the global position of the Chinese Yuan, which has continued to gain influence among investors, she argues that the currency has achieved a desired stability but that it’s not going to last.

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