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#Bears Eye China’s Yuan Amid Trump Optimism Global currency traders are placing bearish bets on the Chinese yuan, driven by optimism surrounding Donald Trump’s potential return to the White House. Many believe a Trump presidency could bring further economic pressure on China…
Trump Transition Chairman @howardlutnick shuts down the Harris campaign's tariff narrative: "Anybody who says it's inflation is completely wrong... There's only one way to get inflation — print more money." https://t.co/2jCJ0R9oru
Trump Inflation Is Being Priced In by Traders https://t.co/pXsvdMLJwy
Global currency traders are placing bearish bets on the Chinese yuan, driven by optimism surrounding Donald Trump’s potential return to the White House. Many believe a Trump presidency could bring further economic pressure on China. Traders are also pricing in potential Trump-induced inflation, with some dismissing claims that tariffs are the primary cause of inflation. Howard Lutnick, Trump Transition Chairman, stated that inflation is caused by printing more money, not tariffs.
