17.10.2016 - China moves a step closer to coming off US currency watchlist
Treasury appraisal comes as Donald Trump accuses Beijing of manipulation. The Obama administration has taken a step towards dropping China from a US currency manipulation watchlist even as Republican candidate Donald Trump promises to declare Beijing a manipulator on day one of his presidency. Trump has accused China repeatedly of currency manipulation and using the policy to suck jobs out of the US. He has vowed to impose punitive tariffs on its imports into the US in a move economists fear could set off a trade war between the world’s two biggest economies............................................Full Article: Source
Print