WASHINGTON — A showdown is brewing in Washington over legislation targeting China’s undervalued currency — and a possible trade war if the U.S. takes any action.
Tuesday became high noon in the dustup as Washington politicos and the chairman of the Federal Reserve all weighed in with opposing views while the People’s Bank of China raised the specter of a trade war, warning the U.S. government to refrain from intervening in their currency policies.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)