China Seen Countering Trump Tariffs With Stimulus, Weaker Yuan

  • Most economists expect Beijing to raise broad budget deficit
  • China likely to target farm goods in response to Trump levies
Tariffs Could Cost Consumers $80 Billion, Says NRF CEO
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China may embrace greater stimulus, bolster manufacturing, and allow the yuan to weaken to offset the negative effects of a second Trump presidency on the Chinese economy, analysts said.

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