Capitalist Countries on the Periphery Will Suffer Most from China-Yankee Trade Wars

Unlike so many articles, this one discusses the world ramifications of the Chinese-Yankee trade wars. As it turns out, China is allowing the yuan to devalue, but it has other options also. However, for countries on the capitalist periphery, when their currencies are devalued, they do not have the same kind of wiggle room as the Chinese do.
Image from heymancenter.org

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