The US Treasury Department labeled China a currency manipulator Monday, August 5, after Beijing pushed down the value of its yuan in a dramatic escalation of the trade conflict between the world's two biggest economies. AP Photo/Kin Cheung
The US Treasury Department labeled China a currency manipulator Monday, August 5, after Beijing pushed down the value of its yuan in a dramatic escalation of the trade conflict between the world's twoShow more

Economy

US designates China ‘a currency manipulator’ as trade war flares

It is the first time the US has designated China with that title since 1994

Jack Dutton

August 06, 2019