Is the US actually too chicken to take on China for trade?

The US has not taken decisive action against China in the ongoing trade war despite China's continued large trade surplus. This surplus is largely due to China's weak yuan, which makes its exports cheaper and more competitive in the global market. The weak yuan is a significant concern for the US economy, as it allows China to maintain a massive trade advantage and potentially undermine American industries and jobs.

Why it matters

China's weak yuan is helping it maintain a trade surplus despite US tariffs. This could give China an upper hand in trade negotiations.

Market impact

Markets & countries in focus

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MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to The Guardian. For information only — not financial advice.