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International Business Times
International Business Times
Business

Weak Yuan, Trump Tariff Threats Confound Beijing's Economic Puzzle

The yuan's weakness comes as Chinese leaders battle to kickstart growth in the world's number two economy (Credit: AFP)

Higher US tariffs under President Donald Trump could accelerate a slump in the value of China's currency, complicating recent efforts by Beijing to kickstart a rebound in its struggling economy, analysts warn.

Just days after beginning his second term in the White House last week, Trump said he would impose a 10 percent levy on all Chinese products from February 1, while leaving the door open for negotiations.

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