| President-elect Donald Trump said a lot of crazy things during the divisive election campaign, but few were crazier than his suggestion of launching a trade war with China. The Donald accused China of manipulating the yuan to make its exports more expensive and give it a favourable trading advantage.
He threatened to fight back by slapping a 45% tariff on Chinese imports to the U.S. and officially named the country a currency manipulator. He has also talked of a 35% import tariff on Mexico as well as smashing global trade agreements and even pulling out of the World Trade Organisation..........................................Full Article: Source
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