China wants a slow, managed move in its currency. The market—and China’s trading partners—may not be as patient.
Currently, one US dollar is equivalent to about seven yuan. However, Chinese officials believe the yuan could jump to four or ...
Mr. Trump and his supporters have taken the opposite view, arguing that the strong economy is evidence the president’s ...
President Donald Trump said Monday that he was imposing “effective immediately” a 25 percent tariff on goods from any nation ...
Over the past year, the People’s Bank of China, which manages the renminbi’s exchange rate, has allowed a gradual ...
The global landscape of capital flows is shifting dramatically, with the US turning inward and China expanding its ...
The real uncertainty lies in the rising resistance to China’s manufactured surplus Read more at The Business Times.
The Trump administration is grappling with how to help Venezuela tackle billions of dollars in debt. Caracas’ creditors are ...
US Treasury Secretary Scott Bessent said his risky US gamble on Argentina's currency has paid off. Bessent said American ...
An economist has suggested the sudden tariff hike Donald Trump has set on Iran and its trading partners "will not change" ...
new video loaded: ‘This is Something that Traditional Economics Isn’t Prepared to Deal With’ transcript Tracy Alloway and Joe Weisenthal, the hosts of the economics podcast “Odd Lots,” walk through ...