Trade war turns into ‘nasty’ currency war as US calls China manipulator for first time since ’90s
The Trump administration took the trade war up another notch, calling China a currency manipulator and ratcheting up expectations that the White House has other moves it could make to retaliate against China.
Last used in the 1990s, the designation was announced by the U.S. Treasury Monday after U.S. markets closed out a turbulent session. The Dow, down 767 points in Monday trading, fell hundreds…
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