In an interview with the Financial Times, US Secretary Treasury Steven Mnuchin defended President Donald Trump's decision not to label China a currency manipulator.
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Treasury Secretary Mnuchin explains Trump's decision not to label China a currency manipulator
In an interview with the Financial Times, US Secretary Treasury Steven Mnuchin defended Trump's decision not to label China a currency manipulator.
FILE PHOTO - U.S.Treasury Secretary Steven Mnuchin speaks at a press briefing at the White House in Washington, U.S. on February 14, 2017. REUTERS/Kevin Lamarque/File Photo
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Mnuchin said Trump's comments during the campaign "reflected previous periods of time," and explained the shift by pointing to "t
There are three criteria that must be met for a country to be labeled a currency manipulator by the Treasury Department
In the report, the Treasury included a "Monitoring List" of trade partners that "merit attention based on an analysis of the three criteria." China, Japan, Korea, Taiwan, Germany, and Switzerland were on the April list, as well as in the last report published in October.
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