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 ...
Editor's note: "China is a currency manipulator." It's a charge that's been leveled for years and has prompted politicians, most recently President Trump, to threaten punitive retaliation. The ...
For too long, China has been skirting the rules established in the global trading system, causing devastation and disruption to U.S. employers. Despite very nominal appreciation of the yuan, the ...
Learn how China's yuan peg stabilizes its currency, enhances export competitiveness, and fuels economic growth by managing exchange rates against a basket of currencies.
BCA Research dropped a bombshell. The firm said China's yuan might be seriously undervalued, and that's got economists and traders scrambling to figure out what ...
WASHINGTON (AP) — The U.S. declined to label China a currency manipulator in a new Treasury report released Thursday, but accuses Beijing of standing out among America's major trading partners for ...
In putting Beijing and five other US trading partners on notice, the US Treasury once more refrained from escalating a fight over China's currency as US President Donald Trump had once pledged to do ...
U.S. Rep. Pete Visclosky, D-Ind., on Wednesday spoke out against Chinese currency manipulation on the floor of the House of Representatives and called for a vote on the Currency Reform for Fair Trade ...
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.