China's currency has fallen below the threshold of 7 yuan for 1 U.S. dollar for the first time since 2008, less than one week after U.S. President Donald Trump announced new import tariffs on $300 billion worth of Chinese products, Bloomberg reported Aug. 4.

China: Currency Falls Below 7 Yuan per U.S. Dollar

China's currency has fallen below the threshold of seven yuan for one U.S. dollar for the first time since 2008, less than one week after U.S. President Donald Trump announced new import tariffs on $300 billion worth of Chinese products, Bloomberg reported Aug. 4.

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China: Currency Falls Below 7 Yuan per U.S. Dollar

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