Why the U.S. Labeled China a Currency Manipulator and What It Means

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The ultimate reason for designating a country a currency manipulator is to justify some sort of retaliation

The Trump administration called China a currency manipulator after the yuan weakened past the

psychologically important level of seven to the dollar. Here’s what this means for trade talks and the markets. Photo: AP

 

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Didn’t the US / Wall St. crashed the world’s economy and there was no retaliation? 🤔

we lower interest rates manipulate our Currency first, slap a 10% tariff on Chinese goods and then they are the ''bad guy'' for Retaliating, Great Foreign policy as long as the Media promotes the Bull Crap

China has weapons of mass destruction, also. Time to invade China, amirite?

Great move

Yao no kung pao lol

Preach!

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It makes literally no sense that the White House just labeled China a currency manipulatorChina is not a currency manipulator by the US Treasury's own definition and nothing the White House has said on this matter makes any sense. lopezlinette So just your average Tuesday then. lopezlinette none since that’s what they were doing lopezlinette Missed opportunity: 'it makes literally no cents...'
Source: BusinessInsider - 🏆 729. / 51 Read more »

US Treasury Department desginates China a currency manipulatorThe U.S.-China trade war quickly turned into a currency war after the U.S. Treasury Department took the rare move of naming China a 'currency manipulator' on Monday. CNBC's kaylatausche reports the latest out of Washington. kaylatausche 😮IvankaTrump should break off any business ties with China and dump her China patents. 💪🏽 kaylatausche This is from a country who is printing money on daily basis kaylatausche These are disruption that organizations should be planning for as the pace of change has altered - it comes with uncertainty and risk. Failure to adjust your management and Leadership practices may leave your organization exposed
Source: CNBC - 🏆 12. / 72 Read more »

US Treasury designates China as a currency manipulatorChina added its currency to the weapons it is willing to use in the trade war, and now it's up to President Trump to make the next move. Where is the patriotic movement to stop buying “made in China”.. stop buying clothes and shoes made in China like and retweet Yep, file a complaint with the IMF, an organization Trump ridicules. KenDilanianNBC Trade War officially just got HOT.
Source: CNBC - 🏆 12. / 72 Read more »

Treasury labels China a currency manipulator, ratcheting up trade warBREAKING: The Trump administration has designated China as a currency manipulator, ratcheting up its trade war by slapping the world’s No. 2 economy with a label no U.S. president has used since 1994 The move by the Treasury Department, following a series of sharp tweets from President Donald Trump earlier Monday, comes after China allowed the yuan to tumble – triggering a sharp sell-off in the U.S. stock market maggieNYT Notice he ONLY uses pejoratives for peoples of color? Why aren't the Chinese MENTALLY DISTURBED about trade policies? SaraCarterDC Good 🤷‍♂️
Source: politico - 🏆 381. / 59 Read more »

US Treasury Department labels China a currency manipulatorNEW: U.S. Treasury labels China a currency manipulator after Beijing pushed down the value of its yuan in a dramatic escalation of the trade conflict between the world's two biggest economies. The Trump Regime has called China a currency manipulator, yet the Trump Regime escalated this trade crisis with this crazy A$$ policies, hurting the American economy. And the POTUS is a people manipulator; so what? Boycott China junk goods, by American.
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US Treasury Department labels China a currency manipulatorWASHINGTON (AP) — The U.S. Treasury Department labeled China a currency manipulator Monday after Beijing pushed down the value of its yuan in a dramatic escalation of the trade conflict between... Another Trump tantrum not based on facts 'trade wars are good, and easy to win' President Donald Trump
Source: AP - 🏆 728. / 51 Read more »