# Trump accuses China of 'manipulating' its currency

> President Trump accused China of manipulating its currency to offset US tariffs and criticized the Fed for raising rates. US and Chinese officials were set to hold lower-level trade talks in Washington, with further tariffs on $16bn of Chinese goods planned for 23 August.

- Date: 2018-08-20 · published 2018-08-20T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/10040-trump-accuses-china-of-manipulating-its-currency
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Escalating tariffs and currency disputes threaten China's soybean and feed import demand, pressuring US grain and meal prices. Currency-war fears add volatility to dollar-linked commodity markets.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-05-02 | [China is weakening its currency before US trade talks begin](https://feedsoft.ai/events/65234-china-is-weakening-its-currency-before-us-trade-talks-begin.md) | -3.0% | -1.9% |
| SOY | 2025-03-03 | [Trump says Japan, China cannot keep reducing value of their currencies \| Reuters](https://feedsoft.ai/events/25820-trump-says-japan-china-cannot-keep-reducing-value-of-their-currencies-reuters.md) | -0.1% | +1.1% |
| SOY | 2019-09-01 | [Yuan fall: Why is China's currency getting weaker?](https://feedsoft.ai/events/57797-yuan-fall-why-is-china-s-currency-getting-weaker.md) | -1.4% | +5.7% |
| SOY | 2018-08-22 | [China’s global currency aspirations are falling fast](https://feedsoft.ai/events/10043-china-s-global-currency-aspirations-are-falling-fast.md) | -6.2% | -5.1% |
| SOY | 2018-06-19 | [Trump Wants More China Tariffs](https://feedsoft.ai/events/64511-trump-wants-more-china-tariffs.md) | -3.7% | -7.6% |
| CORN | 2025-03-03 | [Trump says Japan, China cannot keep reducing value of their currencies \| Reuters](https://feedsoft.ai/events/25820-trump-says-japan-china-cannot-keep-reducing-value-of-their-currencies-reuters.md) | -0.2% | +2.5% |
| CORN | 2018-08-22 | [China’s global currency aspirations are falling fast](https://feedsoft.ai/events/10043-china-s-global-currency-aspirations-are-falling-fast.md) | -3.1% | -3.4% |
| CORN | 2021-06-24 | [U.S. accuses Mexico of violating trade deal \| The Western Producer](https://feedsoft.ai/events/46587-u-s-accuses-mexico-of-violating-trade-deal-the-western-producer.md) | +4.6% | -5.8% |

## Sources

- bbc.com: https://www.bbc.com/news/business-45251091

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.