By weaponise it’s currency President Xi Jinping has essentially called his counterpart, President Donald Trump to do his best to escalate the US-China trade war further. ... Treasury Department has designated China as currency manipulator – the first the White House has done so since..…
Moreover, in none of Treasury Reporting Rates of Exchange issued under Trump administration has China been branded manipulator. ... Treasury Secretary Lawrence Summers wrote article saying that the move to label China manipulator is unjustified, ing that it will damage the..…
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