Mnuchin says China is a currency manipulator

Author: Eamonn Sheridan | Category: News

US Treasury Secretary Mnuchin has said China is a currency manipulator. Via an official Treasury statement. 

Mnuchin adds:
  • will engage with the IMF to eliminate unfair competitive advantage by China's actions
  • says China's actions are a violation of China's G20 commitments to refrain from competitive devaluation 
  • Says continues to urge China to enhance the transparency of its exhange rate and reserve management operations and goals
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President Trump has been wanting China names as a currency manipulator and he finally gets his wish granted by Treasury 

Mnuchin finally doing what the boss tells him to do. Oh, the Prez, not his wife. 
US Treasury Secretary Mnuchin has said China is a currency manipulator. Via an official Treasury statement. 

 more to come  
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