Genuine bundles of Chinese one-hundred yuan banknotes and U.S. one-hundred dollar banknotes are arranged for a photograph in Seoul, South Korea. (Photographer: SeongJoon Cho/Bloomberg)

Currency Markets Expose a Crucial Flaw in Trump's China Tariffs

(Bloomberg) -- When Donald Trump bemoaned that a weakening yuan had nullified some of the punitive effect of his tariffs on China, he was highlighting, unwittingly perhaps, a crucial flaw in his fo...

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