China is doing little to stop its currency's near daily decline, and some view that as a strategy to weaken the yuan in order to minimize the impact of President Donald Trump's trade tariffs on its economy. A weaker yuan would make Chinese goods more attractive in overseas markets, and at the same time a stronger dollar and those U.S. tariffs could make some American goods less appealing for Chinese consumers. The Trump administration may view the fall in the yuan, now at a 14-month low, as an intentional devaluation—or the equivalent of China bringing its own economic weapon to the trade battle field. Goldman Sachs ... (full story)