Will Trump Go After China's Yuan Next?

[dowmike + 37]

So, the next question is definitely whether Trump will try to attack the Yuan as China makes its first serious moves to trade oil backed by Yuan--or the 'Petro-Yuan' with an eye to killing off the 'petro-dollar'. ... It's probably early days because even the tariffs on Chinese products aren't a real thing--just negotiations--but would still like to scenario that one out. 

[Hajga Loma DK + 47]

Difficult to admit but China's leadership's smarter then ours

[Cokiga Damke + 53]

It makes me wonder if any of Trump's buddies are shorting the market

[李伟王芳 + 77]

http://money.cnn.com/2018/03/07/investing/carl-icahn-tariff-stock-sale-trump/index.html

[Cokiga Damke + 53]

On 4/5/2018 at 12:39 AM, dowmike said:

So, the next question is definitely whether Trump will try to attack the Yuan as China makes its first serious moves to trade oil backed by Yuan--or the 'Petro-Yuan' with an eye to killing off the 'petro-dollar'. ... It's probably early days because even the tariffs on Chinese products aren't a real thing--just negotiations--but would still like to scenario that one out. 

US dollar declines. Work that one out!

[李伟王芳 + 77]

On 4/5/2018 at 12:39 AM, dowmike said:

So, the next question is definitely whether Trump will try to attack the Yuan as China makes its first serious moves to trade oil backed by Yuan--or the 'Petro-Yuan' with an eye to killing off the 'petro-dollar'. ... It's probably early days because even the tariffs on Chinese products aren't a real thing--just negotiations--but would still like to scenario that one out. 

Trump will be tempted to exploit the yuan’s vulnerabilities for sure.

[Cokiga Damke + 53]

When trade war takes a full swing, Trump could prohibit the yuan’s use in invoicing or settlements by U.S. businesses transacting with Chinese partners.

It could also discourage investments in yuan-denominated assets. The list of possible actions is long and Trump cant shock us anymore