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US Again Declines to Label China a Currency Manipulator

The Trump administration has again declined to label China a currency manipulator, but says it is keeping China and five other nations on a watch list. “Of particular concern are China’s lack of currency transparency and the recent weakness in its currency,” U.S. Treasury Secretary Steven Mnuchin said in his biannual report to Congress. “Those pose major challenges to achieving fairer and more balanced trade and we will continue to monitor and review China's currency practices,...

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