President Trump orders US manufacturers to move from China. What may have happened?

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President Trump orders US manufacturers to move from China. What may have happened? 

  • US concerns that initiatives to advance on intellectual property rights may have never started.The US claims losses of $600 billion from intellectual property theft in China (https://www.usitc.gov/publications/332/pub4226.pdf).
  • Ongoing stealth devaluation and tighter internal capital controls.

Read:

Why we should be even more worried after the Yuan devaluation.

A currency war will only weaken growth and strengthen gold.

Much More Than A Trade War.

President Trump orders US manufacturers to move from China. What may have happened?

  • A possible imminent intervention in Hong Kong. It is estimated that Hong Kong has around $400 billion in reserves, badly needed for China’s dollar shortage. Chart courtesy Alhambra.

President Trump orders US manufacturers to move from China. What may have happened?

  • Despite renewed talks, more tariffs. China unveiled retaliatory tariffs against about $75bn (£60bn) worth of US goods, putting up to 10% on top of existing rates.
  • Rising outflows from China and into US.

Read:

Nuclear Option? Why China May Have Lost The Trade War.

Petroyuan’s lacklustre birth explained.

About Daniel Lacalle

Daniel Lacalle (Madrid, 1967). PhD Economist and Fund Manager. Author of bestsellers "Life In The Financial Markets" and "The Energy World Is Flat" as well as "Escape From the Central Bank Trap". Daniel Lacalle (Madrid, 1967). PhD Economist and Fund Manager. Frequent collaborator with CNBC, Bloomberg, CNN, Hedgeye, Epoch Times, Mises Institute, BBN Times, Wall Street Journal, El Español, A3 Media and 13TV. Holds the CIIA (Certified International Investment Analyst) and masters in Economic Investigation and IESE.

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