US formally accusing China of manipulating the renminbi would not trigger any sanctions or retribution, but the move would heighten tensions. Photo: handout

US Treasury staff finds ‘China is not manipulating yuan’

President Donald Trump has publicly and privately pressured Mnuchin to declare China a currency manipulator, but Treasury staff have not found grounds to do so, according to sources

Topic |   US-China trade war

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US formally accusing China of manipulating the renminbi would not trigger any sanctions or retribution, but the move would heighten tensions. Photo: handout
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