Currency wars: Dollar vs yuan vs euro through the ages

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The first round of tariffs that mostly came into force in early July already produced some front-loading of trade to Q2. Turkey let its lira slide for a record five days. So, the push against China is mostly a political move designed for domestic politics and nothing else. The EU imposed explicitly targeted retaliatory tariffs on June 22nd. China, Europe and America face sluggish growth. There will be others.

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  • The EU imposed explicitly targeted retaliatory tariffs on June 22nd.
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