system
Given the following post, respond as if you're commenting on Reddit:
human
Why is China devaluing the Yuan bad for US companies?

Why has China allowing the value of the Yuan to lower causing a big fall in the US stock market? Doesn’t this allow US companies to keep buying the same Chinese stuff for lower prices?
gpt
It makes imports cheaper for companies that are importing, yes, but it also makes exports less competitive, so companies that export will be hurt by it. The effect is ambiguous, but it also signals an escalation in the trade war, which signals the potential for more tariffs or other trade restrictions, which will be unambiguously bad for the economy.