Trade War Could Spill Over Into Being a Currency War, Schenker Says

The video discusses the impact of trade tensions on China's manufacturing PMI and industrial metals, highlighting concerns about Chinese growth. It examines the EU's trade response, particularly in LNG and soybeans, and the challenges in offsetting losses from China. The video also explores the decline of the renminbi, potential currency war risks, and the implications of China's monetary policy and US Fed actions.

What implications does the recent decline of the renminbi have for the Chinese economy?

In what ways could the trade war evolve into a currency war, according to the discussion?