This week started with jitters on financial markets around the world after the United States announced new tariffs against Chinese products.

The U.S. branding one of its critical trade partners a currency manipulator is changing the nature of a dispute that began with tariffs and now involves China’s currency.

CGTN’s Owen Fairclough reports.

Follow Owen Fairclough on Twitter @owefair

To discuss:

• Jim Moore is the founder and CEO of the Washington Institute for Business, Government and Society.
• Jeff Moon is a former assistant US Trade Representative for China.
• Yan Liang is an associate professor of economics at Willamette University.
• Qinduo Xu is a senior fellow at Pangoal Institution.

For more:

China halts new purchase of U.S. farm products #ChinaUS

more: https://t.co/5Bwo2WhTCG pic.twitter.com/dPWWEF0Jlu

— CGTN (@CGTNOfficial) August 6, 2019

U.S. government contractors get first look at Huawei ban https://t.co/41GUXebDMQ pic.twitter.com/ARlRMRUWUy

— Reuters (@Reuters) August 7, 2019

When asked about U.S. market reaction to the trade war with China, President Donald Trump said the market slide was 'anticipated’ pic.twitter.com/nqCchw2qfs

— Reuters (@Reuters) August 7, 2019