Market Expects U.S. Retaliation, Escalation as Yuan Weakens: Chandler

The video discusses the recent spike in volatility, particularly in relation to the Chinese currency and its historical context. It highlights the transition from low to medium volatility currencies and the market's response to these changes, including potential US retaliation. The discussion extends to the impact on Asian markets, with a focus on South Korea and Japan, and the broader implications for global trade and growth.

What are the implications of the US's potential retaliation mentioned in the text?

What does the speaker suggest about the relationship between South Korea and China in terms of trade?