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U.S. Urges China to Address Undervalued Yuan Ahead of Key Call

2/20/2025

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Summary

Story summary

The U.S. is steadfast in its strong dollar policy, pressing China to adjust its economy as the yuan remains undervalued. A crucial call with China's financial leader is on the horizon. While Trump pushes for Fed rate cuts, the yuan holds steady at approximately 7.25 against the dollar, well below last year's peaks.

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Story summary

The U.S. is steadfast in its strong dollar policy, pressing China to adjust its economy as the yuan remains undervalued. A crucial call with China's financial leader is on the horizon. While Trump pushes for Fed rate cuts, the yuan holds steady at approximately 7.25 against the dollar, well below last year's peaks.