# EXCLUSIVE: Chinese authorities are considering a weaker yuan as Trump trade risks loom | Reuters

> Chinese leaders and policymakers are reportedly considering letting the yuan weaken in 2025 as they prepare for higher US tariffs under Donald Trump. The move is seen as a way to offset tariff impacts and fund bigger economic stimulus.

- Date: 2024-12-11 · published 2024-12-11T12:00:00.000Z
- Category: macro · region China · magnitude medium
- Page: https://feedsoft.ai/events/27164-exclusive-chinese-authorities-are-considering-a-weaker-yuan-as-trump-trade
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A weaker yuan makes Chinese exports cheaper but also makes Chinese buyers' dollar-priced US farm imports more expensive, which can weigh on US soybean and feed demand and pressure dollar-denominated grain prices.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- USDCNY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2023-08-31 | [EXCLUSIVE: Chinese exporters using currency swaps to retain dollars as yuan sags \| Reuters](https://feedsoft.ai/events/34799-exclusive-chinese-exporters-using-currency-swaps-to-retain-dollars-as-yuan-sags.md) | +0.6% | +0.2% |
| USDCNY | 2022-12-06 | [China's yuan slips, traders wary of reopening risks \| Reuters](https://feedsoft.ai/events/6574-china-s-yuan-slips-traders-wary-of-reopening-risks-reuters.md) | +0.2% | -1.1% |
| USDCNY | 2025-01-17 | [Markets are betting China will let yuan fall as Trump takes power, but not much \| Reuters](https://feedsoft.ai/events/26716-markets-are-betting-china-will-let-yuan-fall-as-trump-takes-power-but-not-much.md) | -1.2% | -1.1% |
| USDCNY | 2018-10-29 | [China's yuan finishes onshore trading at weakest since 2008 By Reuters](https://feedsoft.ai/events/62763-china-s-yuan-finishes-onshore-trading-at-weakest-since-2008-by-reuters.md) | -0.8% | +0.1% |
| USDCNY | 2020-11-13 | [Chinese yuan after Biden election win, Trump's trade war](https://feedsoft.ai/events/50360-chinese-yuan-after-biden-election-win-trump-s-trade-war.md) | -0.4% | -1.0% |
| SOY | 2023-08-31 | [EXCLUSIVE: Chinese exporters using currency swaps to retain dollars as yuan sags \| Reuters](https://feedsoft.ai/events/34799-exclusive-chinese-exporters-using-currency-swaps-to-retain-dollars-as-yuan-sags.md) | -2.6% | -5.8% |
| SOY | 2025-01-20 | [A weakening yuan tests Beijing's resolve as Trump tariff threats loom](https://feedsoft.ai/events/9595-a-weakening-yuan-tests-beijing-s-resolve-as-trump-tariff-threats-loom.md) | +1.1% | +0.4% |
| SOY | 2024-11-12 | [China’s yuan weakens to 3-1/2-month low as Trump tariff threat weighs - Markets - Business Recorder](https://feedsoft.ai/events/6701-china-s-yuan-weakens-to-3-1-2-month-low-as-trump-tariff-threat-weighs-markets.md) | -0.2% | -1.7% |

## Sources

- reuters.com: https://www.reuters.com/markets/currencies/chinese-authorities-are-considering-weaker-yuan-trump-trade-risks-loom-sources-2024-12-11/

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