Research: Will new US tariffs unravel yuan? Aug 06, 2019 Will new US tariffs unravel yuan? By Blu Putnam, Chief Economist, CME Group Highlights Chinese currency breaks key threshold of 7 yuan per USD amid new tariffs Pressure expected to mount on Fed to continue cutting interest rates Trade war has decelerated China’s economy, could weaken yuan further New US tariffs on China set to go into effect on Sept 1, escalating dispute Watch video Manage trade war outcomes in global markets with CME Group See how CME Group’s tools, economic research and education can help you track the effects of the trade war and better manage market outcomes. Learn more SEE MORE ANNOUNCEMENTS