U.S. Dollar Falls to Three-year Low

"China will devalue the Yuan to offset the trade war"

I missed that thread. China and the rest of the world is simply planning a future without nearly as much buying from, or selling to, the United States. Just like Trump is planning a future for the United States where the United States does not buy much of anything from foreign countries, or sell to foreign countries. A United States that runs on the trade policy of North Korea.

"but the US is in essence doing exactly this"

Trump is deliberately devaluing the currency to offset the Trump trade war?
How does that work, does the currency have to go down as much as the tariffs go up, to break even?
So Trump is going to devalue the Dollar by 145% to merely maintain and not even grow our Chinese markets?

"but the US is in essence doing exactly this"

Destroying the US Dollar as the global safe haven currency destroys the American economy.
Why can't you understand that?
???

Gold surges past $3,400 as investors flee U.S. assets

(Kitco News) - For the third time in as many weeks, gold is experiencing another major rally as investors flee into gold, while demand for other traditional safe-haven assets, including the US dollar and Treasuries, weakens.

The rally in gold started as soon as markets opened in Asia on Monday morning and has continued through the night into the North American shift. Key technical resistance levels have not provided any significant barriers for gold, which is seeing robust bullish momentum. Spot gold is currently trading at a fresh all-time high of $3,413.84 an ounce, up nearly 3% on the day.

Gold is within sight of inflation-adjusted all-time highs, which were set in January 1981 and currently stand at $3,448 an ounce.
www.kitco.com

"Buying from? They have no choice."

What does China have no choice but to buy from the United States?

"Buy from based on unfair trade terms - YES."

Free trade is unfair trade terms to you?
Typical Republican nonsense.

"Free trade when the US is the only one allowing free access to our market while facing tariffs and other restrictions to foreign markets is not free trade - and sure the fuck is not fair trade. "

We don't allow free access to our markets. We can't buy Chinese EVs here.
Trade is several orders of magnitude less free, and less fair, all because of Trump's Trade War.
You can keep denying that, but you know it's true, and we know that you know that it's true.

What does China have no choice but to buy from the United States?
#19 | Posted by snoofy

^
Still waiting!
You have no clue.
Because you were lying when you said it.

Looks like it's gonna be a long wait!

"Until the Chinese start dying from starvation "

Why would they be dying from starvation?
You just said it's a global market, and they'll get soybeans from elsewhere.
Which is also what I said.

"You are too stupid to continue on this point."

That's why I keep waiting for a Republican to come along and Mansplain it to me!

Looks like it's gonna be be a long wait.

Still waiting for a Republican to explain how crashing the dollar is going to Make America Great Again!

apnews.com
Wall Street and the dollar tumble as investors retreat further from the United States

NEW YORK (AP) -- Wall Street weakened Monday as investors worldwide get more skeptical about U.S. investments because of President Donald Trump's trade war and his criticism of the Federal Reserve, which are shaking the traditional order.

The S&P 500 sank 2.4% in another wipeout. That yanked the index that's at the center of many 401(k) accounts 16% below its record set two months ago.

The Dow Jones Industrial Average dropped 971 points, or 2.5%, while losses for Tesla and Nvidia helped drag the Nasdaq composite down 2.6%.

Perhaps more worryingly, U.S. government bonds and the value of the U.S. dollar also sank as prices retreated across U.S. markets. It's an unusual move because Treasurys and the dollar have historically strengthened during episodes of nervousness. This time around, though, it's policies directly from Washington that are causing the fear and potentially weakening their reputations as some of the world's safest investments.

"American labor is cheaper relative to the rest of the world."

So, Americans working for a dollar an hour.
That is what is gonna Make America Great Again.

Thanks for laying out your economic agenda! It's... pretty embarrassing for you.

"Somehow the US has to pay or refinance $9Trillion dollars."

And yet you propose scraping nine trillion dollars in taxes not through economic growth, but by economic shrinkage.

Thanks again for laying out your economic agenda! It's... pretty embarrassing for you.