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Transcripts For DW Business 20240714

The us and beijing has announced it is to stop purchasing u. S. Farm products prompting fears that the trade war is set to get even nastier. Could china be weaponize ing its currency in the increasingly hostile trade war between washington and beijing the chinese who won unexpectedly crossed the psychologically important 7 print dollar mark for the 1st time since the Global Financial crisis the one slump to an 11 year low could be good for chinese exports they could remain competitive despite the terrace thats why some see it as retaliation to the additional 10 percent tariffs and 300000000000. 00 worth of chinese imports u. S. President donald trump announced last week for Chinas Central Bank blamed the u. One slump on unilateralism and trade protectionism. Huge of the complicated International Situation and uncertainties we must pay great attention to handle the relationship between further reform and opening up and Risk Prevention the hotter team. Phone china has denied it is devalu

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