Effects of the U.S. China Trade War Becoming a Currency War
Posted August 20, 2019
Under GHY International, Logistics & Supply Chain Management
Earlier this month, the U.S. Treasury Department declared China a “currency manipulator” after the yuan fell above the pivotal 7 to the U.S. dollar benchmark. That was viewed by many as a major escalation in the increasingly bitter trade dipute between Washington and Beijing. But what does it mean in practical terms for importers? Continue Reading
