EU leaders last week pointed to the undervaluation of the yuan as a major factor in the EU’s record trade deficit with China, ...
It looks like John Snow did Andy Card one last favor before stepping aside: late on Friday, the Treasury quietly issued the annual foreign currency report. To no one’s surprise, the report declared ...
"Today it was announced that China is reducing its currency. Did you see that? Big, big. In other words, they're going to make up for it. They got every trick in the book. I'll tell you, they are ...
The move comes after European Central Bank chief urged global leaders to discuss undervaluation of the Chinese currency Chinese authorities have weakened the yuan's midpoint against the US dollar for ...
Two senior US senators from opposing political parties have urged the Trump administration to take stronger action against ...
The US Treasury expanded the number of countries subject to scrutiny in a semi-annual report released Tuesday, but again found that neither China nor any other trading partners was manipulating its ...
Washington on Wednesday again declined to call China a currency manipulator but said the yuan’s fall and Beijing’s exchange practices were of “particular concern.” In putting Beijing and five other US ...
The United States Treasury Department issued its biannual report on currency manipulation, identifying those nations it suspects of tinkering with the market value of its currencies. The report also ...
Washington has finally found an issue that can unite both left and right: big, bad, currency-manipulating China. Unfortunately, both left and right fundamentally misunderstand what's happening in ...
Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Suzanne is a content marketer, writer, and ...
As a candidate, President Donald Trump repeatedly promised that he would declare China a currency manipulator immediately after he took office. Twelve weeks in, his mindset has apparently changed.