Reply #3: Pure garbage.

[Statistical]

China takes unprecedented and illegal actual to avoid Yuan to rise in value.

This artificially low Yuan makes all Chinese exports about 20% to 40% cheaper than they would be.

Chinese citizens lose because the Yuan they are paid in can't buy as much goods & services.
US companies lose because they have to face artificially lower prices (on top of ultra cheap labor)
Even US exporting companies lose because Chinese citizens are robbed of their purchasing power thus less demand for goods (imported or otherwise).

There are only two winners.
Chinese Central Govt - rapid & unsustainable economic growth on backs of the "losers".
American Consumers - cheap shit is even cheaper shit under this Policy.

China loses a trade war with US if the US is willing to enforce sanctions.

A tariff on all imports from countries using "extreme artificial interventions" to their currency is all that is needed. Make the tarriff 150% of the value of the manipulation. Chinese artificially devalue their exports 40% = 60% tarrif erasing their manipulation.