Trade war against China taken to new heights with “currency manipulator” designation

Trade war against China taken to new heights with “currency manipulator” designation

0 0 hace 6 meses
The Treasury Department yesterday labeled China a currency manipulator after the yuan weakened to less than seven to the dollar, pushing the trade dispute between Washington and Beijing to its most severe point yet. The US action came after China said it would institute a moratorium on the purchase of US farm goods. US stock markets fell three percent yesterday. Richard Wolff, a professor of Economics Emeritus, University of Massachusetts, Amherst and founder of the organization Democracy at ... Más informaciones

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