Will Trump Go After China's Yuan Next?

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. 

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

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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!

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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.

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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

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