Xi Gets Tougher On Trump After New Tariff Threat

JOE McDONALD / AP, Time: Business
Mon, 08/12/2019 - 8:15pm

BEIJING (AP) — Facing another U.S. tariff hike, Chinese President Xi Jinping is getting tougher with Washington instead of backing down. Beijing fired what economists called a “warning shot” at Washington by letting its yuan currency weaken in response to President Donald Trump’s latest threat of more punitive import duties on Sept.

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