The U.S.–China trade war may be transitioning to a monetary standoff.

As U.S. President Donald Trump’s tariff policies kickstart a reshuffling of global supply chains and trade, Beijing is looking to another battleground: the Chinese yuan versus the U.S. dollar.

As the world’s reserve currency and primary medium for financial transactions, the U.S. dollar is the linchpin of the U.S.-led global order.{ai:summary}<p>The U.S.–China trade war is evolving into a monetary confrontation, with China focusing on the yuan's value against the U.S. dollar as tariffs reshape global supply chains. This shift indicates a new phase in the economic rivalry between the two nations. #economy</p>

Defending Dollar Supremacy May Be Next Phase of US–China Trade War

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