INSUBCONTINENT EXCLUSIVE:
By Saleha MohsinThe day before Donald Trump sits down to negotiate what investors hope will be a cease-fire in his trade war with China, the
US president reminded the world of one key economic complaint: currency manipulation.
Early on Friday in Buenos Aires, Trump signed what he
currency manipulator in tweets
But Treasury Secretary Steven Mnuchin has refrained from officially designating the nation as a manipulator
on Saturday in Argentina, where both leaders are attending the Group of 20 summit
Each side has signaled eagerness for a cease-fire in the trade war, though Trump has said he is ready to impose more tariffs if the meeting
A weaker yuan lessens the impact of US tariffs on Chinese exporters.
The US dollar has appreciated against all its major counterparts in
2018 and the Bloomberg Dollar Index, which measures the American currency against a basket of peers, has climbed more than 4 per cent over
