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Among the 11 analysts polled by CNBC, the majority do not see the currency weakening significantly, but rather a gradual depreciation engineered by the PBoC.
For China’s exporters, trying to mitigate new U.S. tariffs means raising prices for Americans while diversifying where possible, at home and abroad.
Incensed by President Donald Trump’s posturing over Greenland and sweeping trade tariffs, Danish shoppers are turning their backs on American products.
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