(Yahoo Finance) If U.S. President Donald Trump is unable to bring China to submission with tariffs, it’s possible and “highly likely” his administration would launch a currency war, experts tell Yahoo Finance.
“I don’t know if even Trump has really thought about doing that or what the consequences would be but I think it would be a very big deal,” said John Doyle, vice president of dealing and trading at Monex Inc in Washington. “You can’t really point the finger at China and say ‘You’re a currency manipulator,’ if you’re literally doing it at that moment.”
