<ul><li>With China’s trade surplus narrowing and tariffs impacting the economy, Mishra predicts the country might be forced to devalue the yuan.</li><li>Mishra argued that devaluation could trigger uncertainty in global financial markets, as the balance of trade between countries shifts.</li><li>The US administration's objectives are political, seeking to reshape global trade dynamics by moving away from multilateral agreements.</li><li>India is better positioned than many other economies, thanks to fiscal and regulatory easing, along with decisive monetary policy actions.</li></ul>

Trump’s Tariffs Could Prompt Currency Devaluation In China, Says Neelkanth Mishra

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