Trump's trade adviser warns against China's attempt to manipulate currency

Quick Summary:

The history of China as a currency manipulator is well-known.

Trump has said he plans to impose a 10% universal import tariff, and a 60% tariff on Chinese imports into the United States.

The 2019 move followed a period in which the Chinese government allowed the value of its currency to fall against the dollar.

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Category: BusinessFinance

Markets: IndiaChinaUnited States

Topics: US President US elections Russia Joe Biden President Beijing Deputy assistant secretary of defence for China South China Xi Jinping Teresa Magbanua Philippine coast Taiwan China United States relations Presidential election Philippines Liu Dejun San Francisco Ukraine China Coast Guard South China Sea Spokesperson Coast guard Foreign relations of North Korea Mongolia Michael Chase Donald trump Defence official

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-13 @ 09:12:41 (12 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 395 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24390735

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Year Established: 1975

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Coverage Areas: India

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