Latest Global Business News

Trump steps back from labeling China currency manipulator

 
President Trump says... he will NOT label China a currency manipulator,... stepping back from one of his campaign pledges.
The reversal came... in an interview with the Wall Street Journal on Wednesday.
 
A spokesman for the U.S. Treasury confirmed the report, saying... the official assessment will be out in its semi-annual foreign-currency report this month.
 
On the campaign trail,... Trump promised to cut Chinese imports into the United States and put a break on trade-driven job losses.
 
The remarks came even as he said the U.S. dollar was "getting too strong" and would eventually take a toll on the economy.
 
trump not labelling china currency manipulator
 
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