
Are Donald Trump's tariffs the end of globalization?
Independent Thinking
Tariffs, Currency, and Economic Forecasts: The Dollar's Decline
This chapter explores the recent trends in the foreign exchange market, focusing on the decline of the U.S. dollar due to low consumer confidence and recession concerns. It also examines the impact of tariffs on Chinese exports and the People's Bank of China's influence over the renminbi's value in response to U.S. economic actions.
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