Steve Moore on trade: Donald Trump doesn't back down

China’s yuan fell below 7 to the U.S. dollar on Monday, after President Trump threatened to place more tariffs on the Chinese. Heritage Foundation chief economist Steve Moore reacts to China lowering its currency.

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is the leading business network on television, topping CNBC in Business Day viewers for the second consecutive year. The network is available in more than 80 million homes in all markets across the United States. Owned by FOX, FBN has bureaus in Chicago, Los Angeles, Washington, D.C. and London.

Subscribe to Fox Business!
Watch more Fox Business Video:
Watch Fox Business Network Live:

Watch full episodes of FBN Primetime shows
Lou Dobbs Tonight:
Trish Regan Primetime:
Kennedy:

Follow Fox Business on Facebook:
Follow Fox Business on Twitter:
Follow Fox Business on Instagram:

Fox Business Network,Fox Business,Business,News,markets,politics,making money with cpayne,charles payne,steve moore,china,china tariffs,trade war,federal reserve,china currency,china economy,chinese economy,trump,trump tariffs,tariffs,trump china,china trade,stocks,market,yuan,china's yuan,the fed,us economy,financial news,tariff news,us tariffs on china,us china trade,us china trade war,