00:00It's Benzinga bringing Wall Street to Main Street.
00:02China's policymakers are weighing the option of allowing the yuan to weaken in 2025
00:06in response to potential higher U.S. trade tariffs under Donald Trump's administration.
00:11Trump has announced plans for a 10% universal import tariff and a 60% tariff on Chinese goods.
00:18The yuan's depreciation could mitigate tariff impacts by making exports cheaper
00:22and enabling looser monetary policies. Analysts warn that aggressive currency
00:27devaluation could trigger global trade retaliation. Sources suggest the currency
00:31could drop to $7.5 per dollar, reflecting a 3.5% decline from current levels.
