Future of trade deal with U.S. after yuan surpassing 7 per U.S. dollar

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03:20

Both the onshore and offshore yuan traded at above seven per U.S. dollar on Monday. So far the yuan has slid to its weakest level in more than a decade and China's central bank has blamed it on U.S. President Donald Trump's renewed tariff threat. What are the prospects of a trade deal with the U.S.?