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红火树 RedFireTree
WION
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Comments by "红火树 RedFireTree" (@firetree2007) on "Donald Trump's Anti-China Trade Stance Sparks Yuan Slide | World News | WION" video.
China enjoys a significant trade surplus. A lower RMB value enables China to export more, further increasing its surplus. Conversely, India faces a substantial trade deficit, meaning it imports more than it exports. With the rupee depreciating (e.g., $1 = 85 rupees), India needs to spend more rupees to purchase goods in dollars, escalating its import costs. This, in turn, exacerbates India's trade deficit, as the country pays more for imports without a corresponding increase in export earnings.
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